DMcG, devaluation has increased prices, but has also led to more employment.
Some dispute that the devaluation would not have happened anyway.

Brexit has yet to happen and there is little evidence of any other significant impact on living standards.

BWM,
"Mass migration is driving down the wages being offered to British jobseekers, a major report by the Bank of England has found.
Economists at the Bank found that increases in immigration have reduced the pay on offer to care workers, waiting staff, and cleaners, as the competition for these jobs has risen.
The Bank calculated that a 10 percentage point rise in the proportion of immigrants would reduce the average pay received in these semi and unskilled service sector roles by 1.9 percent.

The report is the first to examine the impact of migration using up-to-date statistics.
Previous attempts to gauge the pressure migrants have put on so-called "native" wages have focused on data running up until the early 2000s, before countries including Poland, Hungary and Lithuania joined the bloc in 2004.
The Prime Minister in 2010 pledged that he would get net migration down to the “tens of thousands” by the 2015 election.
However, in recent years the number of foreigners entering the UK has soared.

The ONS estimated that net migration will run at 198,000 a year on average over the 25 years Photo: Alamy
It last week emerged that more than a million migrants who have come to the UK in recent years are unaccounted for.
Ministers have failed to release data which experts believe could show the true number of EU migrants coming to the UK, with experts warning that it means that the total number of foreigners coming to Britain could be hundreds of thousands higher than previously thought.
Official Government statistics in August showed that net migration rose 94,000 last year to an all-time high of 330,000.
According to the Bank of England report, some 0.5 per cent of the fall in wages is the result of the lower wages immigrants are paid, which has dragged down the average wage of low skilled workers.
Bank economists said that it was "striking" that this impact was so small compared with the overall effect.
This suggests that the "vast majority" of immigration's impact on overall earnings is felt by native workers, Bank economists said.
The study looked at 23 years of data, running up until last year.
Lord Green, the chairman of the Migration Watch think-tank, said: “For many years the immigration lobby have claimed that there is no evidence that immigration has any significant effect on the wages of British workers.
“This new research by the Bank of England blows their claims out of the water. It has found a significant negative impact on those in the lower skilled services sector in which six million UK born are working. This amounts to nearly a quarter of all British workers.”
http://www.telegraph.co.uk/news/politics/12063052/Mass-migration-driving-down-wages-offered-to-British-jobseekers.html