Taking advantage of Brexit can help tackle the cost-of-living crisis
8 December 2022
SUGGESTED
Energy and Environment
Andy Mayer quoted in The Mail
7 December 2022
In the Media
Matthew Lesh quoted in The Financial Times
8 December 2022
Housing and Planning
Julian Jessop quoted in The Express
IEA Economics Fellow Julian Jessop has been quoted in The Daily Express urging the government to take advantage of Brexit trading opportunities to reduce food prices.
Julian said:
“The increase in trade frictions after Brexit has made life more difficult for the food sector, especially smaller firms and those reliant on migrant workers. Nonetheless, there is little evidence of a significant impact either on overall activity or inflation.
“Food prices have actually risen by less in the UK than in the rest of Europe since the vote to leave the EU,
“The Government could still do more to lower food prices by using Brexit freedoms to reduce barriers to trade with the rest of the world. Ironically, this is being made harder by opposition from lobby groups – such as the NFU – which put the interests of producers above those of consumers.”
The full article can be read here.
Julian said:
“The increase in trade frictions after Brexit has made life more difficult for the food sector, especially smaller firms and those reliant on migrant workers. Nonetheless, there is little evidence of a significant impact either on overall activity or inflation.
“Food prices have actually risen by less in the UK than in the rest of Europe since the vote to leave the EU,
“The Government could still do more to lower food prices by using Brexit freedoms to reduce barriers to trade with the rest of the world. Ironically, this is being made harder by opposition from lobby groups – such as the NFU – which put the interests of producers above those of consumers.”
The full article can be read here.
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