Guardian: Brexit To Have Greatest Negative Impact On Regions Outside London
July 03, 2018
In an article titled “Brexit to have greatest negative impact on regions outside London,” Lisa O'Carroll, Brexit Correspondent, discussed the negative regional impact of Brexit on the UK.
In particular, the article highlights our report “Costs Up, Prices Up: Brexit’s Impact on Consumer Businesses and Their Customers.”
Our findings show that in a post-Brexit world, “prices would rise for all consumers regardless of income or where they lived. However, in poorer areas the impact of increased costs in goods that attract higher tariffs such as meat and dairy products would be greatest because a greater proportion of household income would go on weekly shopping bills and transport, for example.”
On a regional level, Northern Ireland would be the worst hit of the 12 UK regions by increased costs.
Read the full article here and discover more from of our Brexit insights here.