Brexit could end food banks as supermarket prices DROP

LEAVING the customs union could eliminate the need for food banks as prices become much cheaper, research has found. 29.4.18

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).

Camilla Tominey

Read the full article and David’s research findings quoted here.