Bloomberg with their take on the report posted earlier:
No Brexit deal would raise UK household bills by 260 pounds a year
Says the Bloomberg piece:
- Households already struggling to make ends meet will be the worst hit if the U.K. fails to agree a trade deal with the European Union
- The impact on the poorest of British households would be a third greater than on the richest, researchers at the Resolution Foundation and the U.K. Trade Policy Observatory said in a report Tuesday
- Lower-income households spend a greater proportion of their income on products like food, drink and clothing, which would see the greatest price increases under new trade tariffs
