LEAVING the customs union could eliminate the need for food banks as prices become much cheaper, research has found.
HUGE tariffs on imported food products could be reduced post-Brexit. Food products imported from outside the European Union are currently subject to huge tariffs.
Post-Brexit, the Government will have the power to reduce these tariffs which could see huge savings for consumers.
Around half a million Britons are estimated to use the UK’s 800 food banks every year.
Typical products available include sugar, which is subject to a 104 per cent tariff, breakfast cereal (39.3 per cent tariff) and squash (38.6 per cent tariff).
Read the full article and David’s research findings quoted here.