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Industry body warns of higher prices if UK cannot strike trade deal with EU

Industry body warns of higher prices if UK cannot strike trade deal with EU
Friday 10
17:0 2020

Consumers in the UK could face higher prices next year unless a tariff-free trade deal with the EU can be reached, the British Retail Consortium has warned. The UK and EU remain locked in talks on a free trade deal but there are concerns an agreement will not be struck before the UK leaves its transition period at the end of the year. The latest round of negotiations broke up early last week after both sides admitted they continue to disagree on a number of issues. Around 80% of food imports come from the EU and the bloc plays a ...

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Sky News : Industry body warns of higher prices if UK cannot strike trade deal with EU

Summary: Consumers in the UK could face higher prices next year unless a tariff-free trade deal with the EU can be reached, the British Retail Consortium has warned.

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