Food price fears as details of post-Brexit import charges revealed
Quote from VATcal on 03/04/2024, 19:29British businesses have been warned of potential food price rises after the government unveiled details of import charges coming into effect later this month.
The Department for Environment, Food and Rural Affairs (Defra) confirmed that from April 30th, smaller consignments of certain food items will be subject to fees of up to £145. These include products like fish, salami, sausages, cheese and yoghurt.
The new charges are a consequence of the UK's exit from the European Union's single market and customs union. Previously, such internal trade was frictionless, but now additional checks and paperwork are required.
Industry experts have expressed concern that the extra costs will be passed on to consumers, leading to higher prices at the supermarket checkout. This comes at a time when household budgets are already strained due to rising energy and fuel bills.
The government has defended the new system, arguing it is necessary to protect the UK's borders and biosecurity. However, they have acknowledged the potential impact on businesses and consumers.
Defra has said they are working with the industry to streamline the new procedures and minimise disruption. It remains to be seen whether these efforts will be enough to prevent a rise in food prices in the coming months.
British businesses have been warned of potential food price rises after the government unveiled details of import charges coming into effect later this month.
The Department for Environment, Food and Rural Affairs (Defra) confirmed that from April 30th, smaller consignments of certain food items will be subject to fees of up to £145. These include products like fish, salami, sausages, cheese and yoghurt.
The new charges are a consequence of the UK's exit from the European Union's single market and customs union. Previously, such internal trade was frictionless, but now additional checks and paperwork are required.
Industry experts have expressed concern that the extra costs will be passed on to consumers, leading to higher prices at the supermarket checkout. This comes at a time when household budgets are already strained due to rising energy and fuel bills.
The government has defended the new system, arguing it is necessary to protect the UK's borders and biosecurity. However, they have acknowledged the potential impact on businesses and consumers.
Defra has said they are working with the industry to streamline the new procedures and minimise disruption. It remains to be seen whether these efforts will be enough to prevent a rise in food prices in the coming months.
