Brexit, the pound and the price of fish

Brexit, the pound and the price of fish

Traders at one of the UK's largest wholesale markets say prices for imports from the EU are up by as much as 40% owing to the drop in the value of the pound.
Sterling has fallen sharply against the euro since the Brexit vote in June.
It means fresh fruit, vegetables, fish, meat and poultry are costing more for traders to buy.
The UK economy has defied some of the gloomiest predictions since the EU referendum.
But with many businesses working out what the weaker pound means for them, BBC Radio 4's You and Yours programme spoke to traders in New Smithfield Market in Manchester for their... read more

25 November 2016 in Business, Views: 67
Source: BBC

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