Brexit Related Shipping Challenges to Cause Consumer Goods Price Increases in UK

The price of different consumer goods in the United Kingdom could increase by over 40 percent from January 1st after post-Brexit taxes, representing a significant setback for the government of Prime Minister Boris Johnson.

The price of different consumer goods in the United Kingdom could increase by over 40 percent from January 1st after post-Brexit taxes, representing a significant setback for the government of Prime Minister Boris Johnson.

A global shipping crisis is already causing freight costs to soar and consumers will soon see a major price rises for imported goods. 

On top of the skyrocketing shipping rates, the media outlet pointed out that carriers are currently adding congestion charges for imports to Southampton and Felixstowe because of delays.

The logistics industry wrote to the UK Department for Transport calling for it to help clear port backlogs. One freight director told Business Insider that many ports in the country are currently “broken.”

He also said that while global shipping schedules were initially disrupted during the first months of the COVID-19 crisis, a surge in demand for imports and a backlog of empty shipping containers are currently causing bottlenecks at the ports.


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