Brexit added almost £6bn to UK food bills in the two years to the end of 2021, London School of Economics (LSE) researchers have discovered.
Brexit border checks on goods have forced up prices as food firms have to hire thousands more staff to wade through the new red tape, researchers found.
Brexit added £210 to the average household food bill in the two years to the end of 2021, new research suggests.
Wages are worth less as direct result of departure from EU, says Monetary Policy Committe member. / Brexit has added 6 per cent to UK food prices, a Bank of England official has said as inflation hit a 41-year high.
Edi Rama urges ministers to ‘stop discriminating’ after Suella Braverman’s ‘Albanian criminals’ comments in Commons.
British Chambers of Commerce urges government to ‘cut red tape on UK-EU goods movements’.
"I have three priorities for our economy: growth, growth and growth." / Yet several reports say one significant factor to have impacted negatively on Britain's growth and economy — also creating a barrier to future performance — is Brexit itself.
Brexit has damaged Britain’s competitiveness, and will make us poorer in the decade ahead
22/06/2022
Brexit has not had the expected effect of narrowly reducing exports to the EU, but has instead more broadly reduced how open and competitive Britain’s economy is, which will reduce productivity and wages in the decade ahead, according to new joint Resolution Foundation and LSE research.
As Prime Minister Boris Johnson prepares to depart Downing Street, tossed from office by his own party, his legacy — the opening lines of his eventual obituary — will call him the man who “got Brexit done.” / So how is that going? What can be said about the post-Brexit Britain that Johnson is leaving behind?
Kent farming giant reports 8% fall in harvest due to lack of seasonal pickers – saying it’s easier to import fruit.
Most people think Brexit has gone badly, a UK survey finds, and Johnson has left behind a mess of problems for a new PM.
UK should rejoin single market as quitting EU ‘biggest piece of self-inflicted harm,’ says Sadiq Khan
29/06/2022
Britain should push to rejoin the single market because Brexit is the “biggest piece of self-inflicted harm ever done to a country,” says Sadiq Khan.
Polls show average annual gap between those who believe it was ‘wrong’ to vote to Leave compared to ‘right’ has risen to double digits for the first time. / A growing number of Britons say the UK was wrong to Brexit, according to a Standard analysis of more than 200 polls.
UK Government’s approach to Brexit causing ‘potentially irreparable damage’ to the Wales’ ports
27/06/2022
The UK Government’s approach to Brexit trade policy and negotiations protocol is causing “potentially irreparable damage” to Wales’ ports, researchers have said.
The UK will be stuck with searing inflation for years because of Brexit, according to strategists at Wall Street’s top banks.
Northern Ireland will be the UK regional economy least impacted by Brexit, partially due to the NI Protocol, new analysis has suggested.
A study by the Resolution Foundation think tank and London School of Economics details some of the outcomes of the decision to quit the EU - six years after the historic vote.
Brexit has reduced the competitiveness of the British economy, with alarming implications for productivity and wages, according to the Resolution Foundation.
EU withdrawal fuelling higher import costs and costing British workers nearly £500 a year, says Resolution Foundation.
The economic fallout from leaving the EU is becoming all too apparent.
The introduction of new post-Brexit trading rules last year caused a "major shock" to UK-EU trade, a study claims.
Brexit has clobbered smaller businesses
30/04/2022
It has raised prices, too.
Britain has delayed imposing its full post-Brexit import controls on goods from the European Union again, pushing it back until the end of next year, saying it did not want to add more fuel to fast-rising inflation.
Extra trade barriers created by Britain's exit from the European Union and subsequent trade agreement have added 6% to the cost of food, researchers from the London School of Economics and other universities estimated on Wednesday.
Trade friction has ‘clear and robust’ impact on supermarket prices, say economists.