Reuters on a report from the University of Sussex and the Resolution Foundation (a think tank focused on the low-paid)

  • British households would have to pay more for food, clothing and transport

Britain's government has said it would levy World Trade Organization tariffs on goods imported from the EU if it leaves the bloc without a settlement,

  • A typical middle-income household would pay an extra 260 pounds a year, even taking into account a partial shift to cheaper and British-produced goods
  • The actual cost rise would vary significantly depending on individual spending patterns

Plenty more detail at the Reuters piece, in full here