New study from Antony Hook reveals how Brexit will affect the cost of living in the UK.
On 14 October, Antony Hook published a study examining the cost of living after Brexit. It finds that UK consumers are set to face price increases due to Brexit.
Speaking at the release of the report Antony Hook said:
"With 55% of our imported goods coming from the EU, the adverse effects of Brexit will hit British people and families. Membership of the European Union has allowed us to import more consumer goods at lower prices. Our current zero-tariff trading arrangement as EU members is the best deal for Britain. There are no positive benefits of Brexit on the cost of living. It is a disgrace that the average household will have to spend an extra £260 a year just to have the same consumer goods they have now. We must stop Brexit so that Britons can continue to enjoy a wide range of consumer goods from Europe at competitive prices".