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...However over the same period, house prices in Cambridge increased by 78 per cent while pay grew by only 23 per cent, making only Central London less affordable for buying a home....
...frontbencher Nick Thomas-Symonds warned deputy prime minister Oliver Dowden that the January 31 start date ran the risk of queues at ports, delays to imports and increases in inflation, particularly in food prices...
...“What you hear constantly from inward investors is that it would be very helpful to see a clear plan that addresses areas like labour shortages and the energy price differential,” he said....
Also in this week’s newsletter, new border charges threaten to push up imported food prices
...The loser in this will be British consumers, facing higher prices for everyday foods and reduced choice,” he said....
...Businesses warned that the “common user charge” set by ministers for the main Channel port of Dover would drive up food prices and deter EU producers from exporting to the UK as of April 30....
...In the grand scheme of things, the Common User Charge and its associated paperwork is just one more small drag on UK goods trade — and one more upward pressure on food prices....
...Prime minister Rishi Sunak’s plan to introduce a highly complex tax regime for UK wine importers is going to drive up prices, reduce consumer choice and tie up small businesses in red tape, the industry...
...That matters because, as the OBR puts it: “A decline in trade intensity plausibly lowers productivity because trade, among other channels, fosters competition and allows countries to specialise in activities...
...So on the one hand, they can’t put their price up....
...Since announcing new border controls on plant and food products last year the government has promised it would “phase in” checks, which trade groups have warned will hurt small businesses and drive up the price...
...Will it make the argument on the need for alignment (cheaper prices, improved trade for manufacturers in the Red Wall) and increased EU mobility (on the grounds of staffing the NHS and growing the economy...
...The food and drink industry has also raised concerns, warning that the checks will drive up food prices and increase wastage as a result of border delays reducing the shelf life of perishable products....
...“Putting an unwarranted carbon price on electricity exports to the EU sends a clear negative investment signal for North Sea infrastructure.”...
...The former industrial powerhouse is still fighting to carve out a future for itself in the UK’s services-oriented economy, after the sharp decline in manufacturing that followed the oil-price shock of the...
...We’ll see what happens, but expect some supply chain squeezes and slightly higher prices over time....
...Interest of 1 per cent above the retail price index for the highest earners, with a smaller rise for those earning between £25,000 and £45,000, would increase government revenue by £2bn, according to London...
...The business secretary set out a series of conditions before her department would agree to a public consultation on the labels, including a “quantitative analysis of the impact of this policy on food prices...
...Although the cost of the London to Birmingham line has spiralled to £67bn in today’s prices — more than double the original £32.7bn cost of the entire line from London to Leeds and Manchester — Thompson...
...“It [the labelling plan] will lead to higher prices amid a cost of living crisis and to lower investment at a time when investment in our sector is already down,” FDF chief executive Karen Betts told Cabinet...
...In combination with inflation (and hopefully interest rates) coming down, energy prices falling, and high net immigration, growth should therefore pick up unless another shock comes along....
...As this Opinium survey for the Observer confirmed, the public think that leaving the EU has put up prices and made it harder to trade, staff the NHS, and protect the environment....
...“Your prices are going to go up,” he said. “If you’ve been to Switzerland and wondered why everything is so expensive, welcome to what we have created here.”...
...The report said UK agrifood businesses had “paid the price through delays, wastage of food and higher costs as a result” with some companies entirely abandoning trade with EU customers....
...been prepared to absorb additional red tape costs in order to keep trading with the EU after January 2020, the smaller size of the UK market might make EU business less willing to follow suit, driving up prices...
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