Guardian: A Hard Brexit Could Threaten The UK’s Competitive Advantage
June 24, 2018
Will Hutton, Columnist for the Observer, included our latest Brexit findings in an opinion piece titled “Enough already: in the national interest, we must stop a hard Brexit”.
Hutton discussed the importance of the EU’s influence on the UK, highlighting our research:
We were at the centre of a free trade, rules-based order that spanned nearly half the world’s countries – and worth up to a £1,000 a year for the average family in lower prices, estimated the consultancy Oliver Wyman.
Our full report “Costs Up, Prices Up: Brexit’s Impact on Consumer Businesses and Their Customers,” will be published early July, 2018. It quantifies how costs from tariffs, red tape (non-tariff barriers), and labour flow into the supply chain and lower profits, even when companies take mitigating actions like putting up prices.
Read the full article here and discover more from of our Brexit insights here.
