Several sources are covering a report by The Resolution Foundation which details the potential effect of reducing net migration to tens of thousands. The Guardian (HERE) says that while wages of British workers might rise by 0.3-0.6% by 2018 this would be more than offset by the damage caused by Brexit with the report noting the BoE forecasting wages to fall by 2% in the same period.
The Huffington Post (HERE) says more or less the same thing, that Brexit will do more to damage wages than raise them.
Meanwhile The Daily Mail puts entirely the opposite spin on the headline (HERE) quoting the report as saying historically skilled workers wages have been reduced by 2.1% by mass immigration (which I assume is true) but only later in the article does it admit that Brexit will not help matters, saying, "However, [the report] said that while wages might rise by £150 if net migration was cut to the tens of thousands following Brexit, the extra earnings could be cancelled out by some of the other effects of leaving the European Union".
In other words the symptoms are not as bad as the cure The Daily Mail has been calling for!
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