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Published 24 days ago

Post Brexit checks to cost UK businesses £2bn and raise food prices, says report

  • Brexit border controls set to cost UK businesses £2bn, leading to higher inflation and food prices.
  • Allianz Trade report indicates new controls on animal and plant products from April 30 could increase import costs by 10% in the first year.
  • Implications of Brexit border controls include financial burden on businesses and potential rise in consumer prices, as per the report.
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