The Mudcat Café TM
Thread #162855   Message #3887039
Posted By: Nigel Parsons
06-Nov-17 - 06:58 AM
Thread Name: BS: Post Brexit life in the UK
Subject: RE: BS: Post Brexit life in the UK
From: Raggytash - PM
Date: 06 Nov 17 - 06:18 AM
None of the Brexiteers on here have made any comment about the possible ?930 increase in household costs per annum that has been forecast either.


Possibly because it's a non-story. A link might have helped, possibly this The Guardian
It talks of a possible rise, of up to 930 pounds.

This idea (which also give the possible cost as a range between 400 pounds & 930 pounds) seems to be based on:
Since WTO tariffs are highest for fresh food ? reaching 45% for dairy products and 37% for meat ? and much of this is currently imported from Europe, the team of economists predict an inflationary surge that could match that already inflicted by the falling pound. an assumption that we will continue sourcing our foodstuffs mainly from the EU.
Surely one of the reasons we are leaving the EU is to allow us to trade more easily with other countries.