The UK's double bill: crisis+Brexit
The Centre for European Reform (CER) has calculated that the country's economy is 5.5% smaller than it would have been without the collapse of cross-Channel trade, a shortage of Eastern European workers and the customs bureaucracy that comes with trade with the E.U.
The effects of this double whammy are reflected in inflation, which peaked in November at 14.6% for goods sold in supermarkets (measured by Kantar).
The effects of this double whammy are reflected in inflation, which peaked in November at 14.6% for products sold in supermarkets (measured by Kantar). Worst of all, the slowdown in prices will either be slower than in the rest of Europe or will simply continue to rise over the next six months.
The effects of this double whammy translate into inflation peaking in November at 14.6% for products sold in supermarkets (measured by Kantar).
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