PUT THE POLITICIANS ON THE MINIMUM WAGE AND WATCH HOW FAST THINGS CHANGE
Civilisation has operated in two ways - To make one part of society more affluent and the other more wretched than would have been the lot of either in a natural state
There are Natural Rights and Civil Rights. Life, Liberty and the Pursuit of Happiness
Where Our Power to Execute Our Natural Rights is Perfect, Government has No Legitimate Jurisdiction
When the Forces for War are Greater than the Forces for Peace   Then the World is in Danger
Politics is not a Dirty Word. It is a Way of Life. How is Your Way of Life Today ?

CUT OUT EU IMPORTS OF IRISH BEEF & LAMB – BRITAIN CLOSES ITS BORDERS TO EU FOOD

Shoppers face £3.1bn tariff bill for food in a no-deal Brexit, retailers warn

High tariffs on food and drink in the event of a no-deal Brexit will leave shoppers facing a £3.1bn bill, the British Retail Consortium (BRC) has warned.

Shoppers face £3.1bn tariff bill for food in a no-deal Brexit, retailers warn

The group, which represents over 5,000 businesses that generate £180bn of retail sales, said if the UK and EU were unable to reach a deal before Christmas, supermarkets operating on tight margins would have no choice but to pass on the additional tariff costs.

Increased physical checks, paperwork and other non-tariff barriers are expected to push up retailers’ expenses still further.

The UK currently sources four-fifths of its food from the EU, but after intense lobbying from the farming industry, Ministers agreed to impose tariffs on imports such as meat, poultry, cheese and butter from across the world, bringing the average tariff on food imported from the bloc to over 20 per cent in a no-deal scenario.


Read More

Food prices to rise if UK maintains proposed tariffs in no-deal BrexitFood prices to rise if UK maintains proposed tariffs in no-deal Brexit
Former Defra Secretary warns against dropping all agricultural tariffs after BrexitFormer Defra Secretary warns against dropping all agricultural tariffs after Brexit
One quarter of UK shoppers lack confidence in food labels, research findsOne quarter of UK shoppers lack confidence in food labels, research finds


Farm groups had feared UK producers would face extremely high EU tariffs for their exports while receiving no protection from imports.

Andrew Opie, director of food and sustainability at the BRC, said: “There is no time to waste. The UK and EU must hammer out a final arrangement as soon as possible.

“Coronavirus is already making life hard for consumers, particularly those on lower incomes, and a no-deal Brexit will have a massive impact on their ability to afford essential goods.

“UK consumers have benefitted from great value, quality and choice of food thanks to our ability to trade tariff-free with the EU.

“There is now the risk of a £3bn tax bill for the food we cannot source here in the UK. Unless we negotiate a zero-tariff deal with the EU, the public will face higher prices for their weekly shop.”

Last year, former Prime Minister Theresa May was criticised by the farming industry for putting together a no-deal Brexit tariff schedule which failed to provide protection for domestic cereal, fruit and vegetable, pork and egg production.

At the time, then-Defra Secretary Theresa Villiers defended the decision by saying the Government was trying to ‘get the right balance’ between preventing food inflation and protecting the agriculture sector.

Now some think-tank members, including Dom Walsh, a research fellow at Policy Exchange, are warning Ministers may revisit the current tariff schedule to make it more ‘liberal’ in the event of a no-deal Brexit.

Similar Recent Posts by this Author:

Share this post

Share on facebook
Share on google
Share on twitter
Share on linkedin
Share on pinterest
Share on print
Share on email