British Retail Consortium: The “Hard Brexit” may cause substantial customs charges

According to the British Retail Consortium (BRC), the “hard Brexit” may cause substantial customs charges, thus making imports more expensive.
The “Hard Brexit” means that Britain would not only leave the European Union but would also pull out of the single internal market without a free trade agreement.

Retailers today warned that families will pay higher prices in the shops if the Government goes for a “Hard Brexit”.

The British Retail Consortium said goods from clothes and wine to meat would become more expensive unless Theresa May strikes a deal with the other 27 EU countries. (Kertész Róbert, MTI)