So what’s so wrong with labour shortages driving up low wages? | Larry Elliott

For those who are part of Britain's casualised workforce Brexit isn't flawed - quite the opposite

The number of job vacancies has topped the 1m level for the first time. Firms are screaming out for staff. Labour shortages abound. Wage growth is accelerating. There are calls from industry lobby groups for the government to ease the pressure by granting more visas for EU workers.

At which point it may be worth taking a second or two to ask a simple question: if labour shortages are driving up the wages of low-paid workers then what is wrong with that?