No deal hits grocery hard

A ‘No Deal’ exit would bring price rises in grocery

WHATEVER politician walks into 10 Downing Street at the end of this month, a ‘No Deal’ Brexit will spell disaster for grocery prices, according to trade union GMB.

A report produced for the union by Acuity Analysis has claimed that family shopping bills could increase by more than £800 per year should the UK leave the EU without a deal.

In the absence of a Brexit deal, the report found that under the default WTO tariffs that both the EU and UK would be legally required to apply, grocery shopping baskets could surge 17% in price.

GMB general secretary Tim Roache commented: “Tory leadership contenders who casually throw around the idea of ‘no deal’ Brexit are completely ignoring what that reality would mean for working people.”