UK retail industry warns of higher prices with no EU trade deal | Malay Mail

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UK retail industry warns of higher prices with no EU trade deal | Malay Mail
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LONDON, Dec 11 — With prospects for a post-Brexit trade deal with the EU looking precarious, Britain’s retail industry repeated a warning today that shoppers face higher food prices from next year if new tariffs are imposed in the absence of an agreement. Britain’s Brexit transition period...

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The Canary Wharf financial district is seen from the construction site of 22 Bishopsgate in London, June 25, 2019. — Reuters pic

Prime Minister Boris Johnson said yesterday there was a “strong possibility” Britain would not secure a deal. The average tariff would be more than 20 per cent, including 48 per cent on beef mince, 16 per cent on cucumbers and 10 per cent on lettuce.

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