Inflation for what Britons consume would have been nearly a third lower had the UK stayed in the EU, study finds.
Inflation for what Britons consume would have been nearly a third lower had the UK stayed in the EU, study finds.
Economists say border costs added £7 billion to grocery bills. / Study comes as ONS data shows food prices driving inflation.
LSE researchers estimate that extra barriers on EU food imports have pushed up bills by £250 on average.
Leaving the EU has added a cost burden to the already record prices households pay for their electricity.
Post-Brexit India deal could cut thousands of jobs in Leave-voting areas, and hike food prices
18/05/2023
British rice milling industry faces wipe-out from part of a trade deal being discussed with India. First proposed by Boris Johnson, it is also predicted to raise consumer food prices and break UK limits on pesticides.
Could take ‘decades’ to shift away from reliance on overseas staff, say food sector leaders attending Downing Street summit.
The inefficiencies of Brexit cost UK consumers hundreds of millions of pounds, just as food and energy prices surged.
British consumers spent as much as £1.1 billion ($1.4 billion) more on electricity and goods last year after losing access to European Union internal energy markets.
Fears of new disruption to fresh produce supply from EU when import controls hit in October.
The UK’s final post-Brexit border checks will cost food importers hundreds of millions of pounds under the government’s own internal estimates, adding to upward pressure on inflation.
Britain’s food inflation is already at a 45-year high and businesses worry new red tape will make matters worse. / A new system of border checks on goods arriving from Europe is expected to force rocketing U.K. food prices even higher as businesses grapple with hundreds of millions of pounds in extra fees.
New plans for post-Brexit border checks on goods coming into the UK will deter many EU suppliers and push up food prices, a trade body has said.
Post-Brexit border checks coming this year will drive up prices and cause shortages, Government warned
05/04/2023
Ministers have revealed details of the inspections regime which has been repeatedly delayed and is designed to avoid excessive disruption to businesses.
The Brexit benefits keep piling up! Leading financial experts are now placing the blame for rising food prices on you-know-what...
UK businesses facing increased costs and supply chain issues in post-Brexit system – new from UKTPO
15/03/2023
New analysis released today (Wednesday 15 March, 2023) by the University of Sussex’s UK Trade Policy Observatory (UKTPO), reveals that UK businesses are struggling with increased costs, labour and skill issues and supply shortages and issues following the UK’s departure from the European Union.
Getting married? Couples face wedding disappointment with wrong flowers and food due to Brexit
10/02/2023
Venues, florists, caterers and cake makers said clients are having to manage their expectations.
Brexiteers promised to “take back control.” But the decision has instead delivered recession, gloom, and despair.
A POST-BREXIT “bonfire of banking rules” planned by the UK Government risks driving up food and energy prices even further, campaigners have warned.
Cost of labour in Britain up by 30% since referendum, double rise in some EU countries, research finds.
In particular, used cars in the lower end of the market are becoming less affordable despite being lower in safety standards and higher in emissions.
Iain Overton examines the lack of consequences for the Brexiters that promised us sunny uplands.
The Nuffield Trust think tank has published a new report on the impact of Brexit on the UK’s health and care services. The ongoing monitoring work, funded by the Health Foundation, covers the impact on the NHS and social care workforce, medicine and medical devices supply and the economic cost, and reveals negative effects across these areas.
The impact of Brexit has only added fuel to the fire of severe challenges facing health and social care in the UK, warns the Nuffield Trust.
The evidence increasingly shows that our decision to leave the European Union has lifted the price of imported goods, flattened business investment and damaged trade.