Economy

The UK’s long-awaited Brexit may have some dire economic impacts on food costs. Food and trade experts have warned consumers to expect some extra charges on food and drinks. Food and drinks price to increase in the UK The cost of food and other essential products is expected to increase because of the new Brexit deal according to industry sources. There could also be food shortages in neighboring Northern Ireland and Wales. These shortages are expected to be visible in the stores and supermarkets. The UK cabinet office has said it is working with all businesses to solve these issues and avoid unnecessary costs. According to the Food and Drink Federation chief executive Ian Wright, it is unavoidable not to experience both long and short-time price costs due to changes in supply chains. An...