Post by Deleted on Apr 26, 2023 12:40:56 GMT
Unsustainably high food inflation is the price we, British consumers, have to pay for "Brexit opportunities" like to the ability to strike non-productive, practically worthless trade deals with the likes of CPTPP and Australia? Seriously. 
Excerpts from: www.politico.eu/article/uk-business-fear-brexit-checks-food-price-inflation/
Brexit red tape to send UK food prices soaring even higher
Britain’s food inflation is already at a 45-year high and businesses worry new red tape will make matters worse.
A new system of border checks on goods arriving from Europe is expected to force rocketing U.K. food prices even higher as businesses grapple with hundreds of millions of pounds in extra fees.
British business groups last week got sight of the U.K. government’s long-awaited post-Brexit border plans, via a series of consultations. One person in attendance said the proposals will “substantially increase food costs” for consumers from January.
That could spell trouble in a country which imports nearly 30 percent of all its food from the EU, according to 2020 figures from the British Retail Consortium, and where the annual rate of food and drink inflation just hit 19.2 percent — its highest level in 45 years.
Government officials told business reps at one consultation that firms will be hit with £400 million in extra costs as a result of long-deferred new checks at the U.K. border for goods entering from the EU.
Ministers have argued that the full implementation of the new post-Brexit procedures — which will eventually include full digitization of paperwork and a “trusted trader scheme” for major importers in order to reduce border checks — will more than offset these costs in the long-run as they will also be rolled out for imports coming from non-EU countries as well.
A member of a major British business group, speaking on the condition of anonymity, said that incoming post-Brexit red tape will mean “some producers on the EU side will find it is no longer possible to trade with the U.K.” and that “some small businesses will find themselves shut out.”
Britain has delayed the implementation of full post-Brexit border checks multiple times, while the EU began its own more than two years ago.
The government’s new "target operating model," published last month, will see the phased implementation of new border and customs checks for EU imports from October.
A new fee will be applied from January for all goods that are eligible for border checks, including items like chilled meat, dairy products and vegetables. Each batch of goods that could be subject to checks, even if they are ultimately not chosen by border staff for inspection, will be hit with a fee of between £23 to £43 at inland ports.
The first business figure quoted above said the scale of the new fees came as a surprise, after firms had been previously assured by the government that these costs would be dependent on whether goods had actually been checked.
Excerpts from: www.politico.eu/article/uk-business-fear-brexit-checks-food-price-inflation/
Brexit red tape to send UK food prices soaring even higher
Britain’s food inflation is already at a 45-year high and businesses worry new red tape will make matters worse.
A new system of border checks on goods arriving from Europe is expected to force rocketing U.K. food prices even higher as businesses grapple with hundreds of millions of pounds in extra fees.
British business groups last week got sight of the U.K. government’s long-awaited post-Brexit border plans, via a series of consultations. One person in attendance said the proposals will “substantially increase food costs” for consumers from January.
That could spell trouble in a country which imports nearly 30 percent of all its food from the EU, according to 2020 figures from the British Retail Consortium, and where the annual rate of food and drink inflation just hit 19.2 percent — its highest level in 45 years.
Government officials told business reps at one consultation that firms will be hit with £400 million in extra costs as a result of long-deferred new checks at the U.K. border for goods entering from the EU.
Ministers have argued that the full implementation of the new post-Brexit procedures — which will eventually include full digitization of paperwork and a “trusted trader scheme” for major importers in order to reduce border checks — will more than offset these costs in the long-run as they will also be rolled out for imports coming from non-EU countries as well.
A member of a major British business group, speaking on the condition of anonymity, said that incoming post-Brexit red tape will mean “some producers on the EU side will find it is no longer possible to trade with the U.K.” and that “some small businesses will find themselves shut out.”
Britain has delayed the implementation of full post-Brexit border checks multiple times, while the EU began its own more than two years ago.
The government’s new "target operating model," published last month, will see the phased implementation of new border and customs checks for EU imports from October.
A new fee will be applied from January for all goods that are eligible for border checks, including items like chilled meat, dairy products and vegetables. Each batch of goods that could be subject to checks, even if they are ultimately not chosen by border staff for inspection, will be hit with a fee of between £23 to £43 at inland ports.
The first business figure quoted above said the scale of the new fees came as a surprise, after firms had been previously assured by the government that these costs would be dependent on whether goods had actually been checked.
It is sad.
