Brexit already costs UK households €450 a year

PAUL MILLER AUSTRALIA AND NEW ZEALAND OUT

(FILE) A file photograph showing British Celebrity chef Jamie Oliver helping out at Jamie's Ministry of Food in Sydney Australia, 30 March 2015. Media reports on 03 November 2016 state that receivers for the Keystone Group have announced the Jamie Oliver Group as the preferred Bidder for the Keystone Group?s Australian Jamie?s Italian restaurant franchise chain. Receiver Morgan Kelly said it was an ideal outcome for the Australian Jamie?s Italian franchises to return to parent group ownership and operation. Jamie Oliver said, the Australian franchise, some of the best performing Jamie?s Italian restaurants worldwide, were put up for sale when the franchise partner, Keystone Group went into receivership over the summer. This was in no way a reflection on the performance or success of the restaurants.

Brexit already costs UK households €450 a year


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Brexit costs UK households 450 a year, mostly due to inflation according to a Centre for Economic Performance study.

The rise in household bills has been particularly felt on food prices, including fruits and vegetables, but also cheese, eggs, coffee, tea, cocoa, beer, and wine. Across the board of imported goods, from furniture to watches, UK consumers have had to pay more.

Particularly on food, there are agencies that

According to the study, the worst hit regions of the UK are Scotland, Wales, and Northern Ireland, but less so London. Moreover, because of the steep rise on imported food, lower income households have been hit more severely. The question of how to respond to rising prices has been mixed, with calls for bigger domestic production where possible.

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