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Chancellor Philip Hammond ©Chris Radburn/PA Wire/PA Images

Theresa May has identified the fortunes of “just about managing” working families as her priority in post-Brexit Britain. A new government’s rhetoric precedes real outcomes against which it can be judged. But from one point of view, May’s talk about the low-paid looks well timed. Employment remains on an upward march, and after the longest squeeze in living memory, just before the referendum pay was finally growing strongly in real terms. Low inflation helped and, crucially,…

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