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Food prices set to soar as hard Brexit approaches

Despite the changing tone of the Brexit debate since last month’s election, Britain is still intending to leave the customs union. It’s this core fact which threatens to significantly raise the price of food for British consumers.

Outside the customs union, tariffs will shoot up on food coming into the UK. The government will pocket that cash while processors and supermarkets pass the costs onto shoppers. Hard Brexit is a pass-the-parcel of cost, in which the consumer always gets dumped on at the end.

Read more at politics.co.uk

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