UK facing food hikes post-Brexit

Britain’s poorest families will face the biggest food price hikes if Brexit happens without the UK reaching a withdrawal deal with the EU, a new report warns.

UK facing food hikes post-Brexit

In a ‘no deal’ scenario emerging from EU-UK talks, a joint report by Resolution Foundation and Sussex University’s UK Trade Policy Observatory estimates UK average price of dairy goods will rise by 8.1%, meat products by 5.8%, with cars and other vehicles rising 5.5%.

The average yearly household bill would rise by £260 (€290) in a ‘no deal’ scenario, in which UK imposes the same tariffs on the EU as it does for other World Trade Organisation countries.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited