Brexit food trade barriers have cost UK households £7bn, report finds
LSE researchers estimate that extra barriers on EU food imports have pushed up bills by £250 on average
British households have paid £7bn since Brexit to cover the extra cost of trade barriers on food imports from the EU, according to researchers at the London School of Economics (LSE).
The university’s latest report estimating the impact of leaving the bloc on UK food prices found that trade barriers were consistently hampering imports, pushing up bills by an average £250.
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