Lots more stuff is about to get more expensive – and it’s all thanks to Brexit
Brexiteers have been trumpeting the fact that our economy is still pretty stable as evidence that Brexit was a great idea – despite the fact we haven’t done it yet.
But it’s going to get a lot worse for ordinary people, based on data from the British Chambers of Commerce’s quarterly survey of 7,000 businesses, the largest of its kind.
Prices could soon shoot up for a lot of products – including important stuff such as wine, meat and shoes.
The BCC survey showed many more manufacturers now expected to raise prices, reflecting a sharp increase in raw material costs in part due to sterling’s weakness.
The British Retail Consortium said it… Read the full story