Car production in Britain will take significant hit if Brexit leads to tariffs with EU: Society of Motor Manufacturers and Traders

A British trade body has warned that the country’s annual car production is likely to drop by a third to 1 million by 2024 if Brexit leads to tariffs with the European Union; the output will be lost to other nations. Britons are staring at an elections in just over two weeks with Prime Minister…

Bargain hunting shoppers try to beat rising inflation in Britain

The effect of Brexit is steadily having an impact on the British economy. As per the results of a survey, British shoppers are increasingly looking for bargains to offset rising inflation with employers finding it difficult to recruit migrant workers. These trends are a result of 2016’s Brexit referendum. As per the British Retail Consortium,…