UK manufacturers increase prices to offset Brexit related costs

Posted on 5 Apr 2018 by Jonny Williamson

UK manufacturers are raising their prices for doing business, to offset any costs associated with Brexit to protect their margins and the future of their businesses, according to a new survey.

UK manufacturers are raising their prices to offset any costs associated with Brexit – image courtesy of Pixabay. Almost half of manufacturers surveyed (46%) had already increased their prices with another 58% preparing to do so, the survey by the Chartered Institute of Procurement & Supply (CIPS) has revealed. This is…

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