Brexit's financial impact: Higher grocery bills, holiday costs, and customs headaches a decade on
By
Shane Hickey
Summary
Ten years after the UK voted to leave the EU, the article examines the tangible financial impacts on British consumers. Key effects include a 12% increase in food costs due to trade barriers, higher costs for traveling with pets to Europe, increased mobile roaming charges, and added complexity and expense for sending parcels abroad. The piece draws on research from the London School of Economics to quantify the economic toll on everyday life.
Source
bskyBrexit's financial impact: Higher grocery bills, holiday costs, and customs headaches a decade ontheguardian.comKey quotes
· 3 pulledTrade barriers on food imports after Britain left the EU resulted in the cost of food soaring by 12%.
From paying more to take the dog on holidays in France – and making calls while you are there – to higher grocery bills and the headache of filling in customs forms for parcels, Brexit has made many simple tasks more complicated and expensive.
Researchers from the London School of Economics estimate that between 2019
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