New study reveals impact
Consumers could face a โsubstantial impactโ on the price of food due to Brexit, the IFS have warned.
In new analysis, the IFS warn that uncertainties over tariffs and the value of the pound leave households facing โconsiderable and unpredictable changes in food prices, with the poorest households much more exposed to this riskโ.
Commenting, SNP MSP Stuart McMillan said: โThis is just the latest evidence of the needless damage that will be caused if the UK leaves the single market.
โNobody voted for the price of food to go up โ but thatโs exactly whatโs risked by Theresa May and Jeremy Corbynโs plans for a hard Brexit, and the poorest households will suffer the most.
โThere is no majority in the House of Commons for the Toriesโ extreme Brexit without Labourโs support โ Labour can help stop it, but instead they are arguing themselves into supporting a harder Brexit than the Tories.โ
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