date:Feb 11, 2019
nk analysis.
This follows a similar report from Barclays in September 2018 which calculated widespread disruption and price hikes with the hard Brexit model forecast to create an average tariff of 27 percent for food and drink supply chains which is significantly more than the 3-4 percent levy that would hit non-food products.
The report concludes that failing to reach a Brexit deal could end up costing 9.3 billion (US$12 billion) a year as food retailers and their supply chain face a mass of