BBC: Brexit Barriers Could Cost Households £1k Each
June 17, 2018
Reporting on BBC News, Economics Editor Kamal Ahmed has published extracts from our forthcoming report looking at how Brexit will affect UK consumer costs and consumer-facing businesses like retailers, restaurants, and hotels.
In particular, the article 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.
Our report “Costs Up, Prices Up: Brexit’s Impact on Consumer Businesses and Their Customers” will be published at the end of June 2018.
