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

📆 11.12.2020 18:59:00
📰 malaymail

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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...

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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