Brexit: Food prices will not be a mere ‘bump in the road’
4 years ago

Brexit: Food prices will not be a mere ‘bump in the road’

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Just how much of a “bump in the road” might a five per cent no-deal-Brexit-related rise in food prices, warned of by Tesco chairman John Allan, be? If you add 5 per cent to it, then next year’s number comes out at £230 extra, just under £20 a month, which is chump change to a millionaire cabinet minister but potentially very painful to someone on a low income. Now, I realise that a five per cent increase in grocery bills won’t amount to £20 for a low-income family because they’ll likely be spending a lot less than £4,600 a year on grocery. But whatever a low-income family’s current bill is, a sudden increase of five per cent is still going to bite them, and potentially bite hard.

History of this topic

Minister reveals alarming drop in British food exports to EU since Brexit
2 days, 19 hours ago
31%: The surge in food prices irking voters in the UK election
6 months ago
Customer's pricey lunch bill sends foodies into a meltdown after he reveals 'outrageous' cost of two cheese sandwiches and two Pepsis at a 'bog standard pub' - so would you pay it?
6 months, 1 week ago
Food inflation eases as price of meat, crumpets and chocolate biscuits fell last month, ONS says
8 months, 3 weeks ago
Fears of rising energy bills and a costly Christmas lead consumers to cut back
1 year, 2 months ago
One in seven people in UK going hungry because they can’t afford to eat
1 year, 6 months ago
How much profit are UK supermarkets making amid the cost crisis?
1 year, 6 months ago
Tesco boss says food prices could start to ease
1 year, 6 months ago
Brexit has cost UK households £250 in higher food bills, experts claim
1 year, 7 months ago
Inflation falls to lowest level in over a year - but food prices remain high
1 year, 7 months ago
UK inflation falls to lowest level in over a year but food prices keep decline in check
1 year, 7 months ago
Food prices set to come back down soon, supermarket chiefs promise
1 year, 7 months ago
UK’s most affordable supermarket revealed
1 year, 9 months ago
Egg crisis hits as grocery price inflation soars to record 17.1%
1 year, 10 months ago
Low-fat milk and olive oil top list of increased prices for everyday items
1 year, 10 months ago
Tesco chairman ‘living in parallel universe’ warn producers in food pricing row
1 year, 11 months ago
How everyday food items have risen in price in the past 12 months
1 year, 11 months ago
Christmas mood dampened as concerns over food costs grow
2 years ago
How everyday food items have risen in price in the past year
2 years ago
Brexit has added more than £200 to UK household food bills, study finds
2 years, 1 month ago
Food inflation surges to 12.4% amid predictions of ‘increasingly bleak’ winter
2 years, 1 month ago
Brexit’s stark impact on UK food prices confirmed
2 years, 1 month ago
UK food prices set to rise further as farmers face ‘hammering’, MPs told
2 years, 1 month ago
UK inflation accelerates to 40-year high as food prices rise
2 years, 2 months ago
How everyday food items have risen in price in the past 12 months
2 years, 2 months ago
Food inflation hits record level as prices rise 10.6% in a year
2 years, 3 months ago
UK food prices rise at fastest rate since global financial crash
2 years, 4 months ago
Tesco and Morrisons hit by ‘shrinkflation’ as ready meals cut by 50g while prices go up
2 years, 5 months ago
UK inflation surges to new 40-year high of 9.4%
2 years, 5 months ago
Lurpak at £9.35 a tub, no pet food in Tesco: Congratulations Leavers, you’ve got the Brexit you always wanted!
2 years, 6 months ago
Cost of food ‘major future concern for three quarters of UK consumers’
2 years, 7 months ago
How cost crisis has affected your Tesco shopping basket as food prices surge 20% in two months
2 years, 7 months ago
Rising cost of food will push more families to food banks, say charities
2 years, 7 months ago
UK ‘unprepared’ for soaring food prices and shortages from Ukraine war
2 years, 7 months ago
Meat in supermarkets, beer and wine in pubs – what is getting more expensive?
2 years, 7 months ago
Food prices to surge further as farmers ditch fertiliser due to soaring costs
2 years, 7 months ago
Johnson’s plan to slash food tariffs would make little difference to grocery bills, analysis suggests
2 years, 8 months ago
Brexit has caused UK food prices to rise 6% as cost of living crisis deepens, study says
2 years, 8 months ago
UK ‘sleepwalking’ towards food shortages, farmers warn
2 years, 8 months ago
‘No food and no money until Monday’: one family’s descent into poverty in cost crisis Britain
2 years, 9 months ago
What’s driving up food prices worldwide?
2 years, 10 months ago
UK food bills will soar if Russia invades Ukraine, experts warn
2 years, 11 months ago
Brexit has worsened UK supply chain crisis, government’s spending watchdog says
3 years, 2 months ago
Brexit to blame for fast-food chicken shortages as ministers fail to help, industry says
3 years, 4 months ago
Raab denies claims from Tesco that food prices will rise
4 years ago
Brexit nostalgia about the countryside is based on a past that never existed
4 years, 1 month ago

Discover Related