Thursday, September 15, 2016

Mike Rumbles says Brexit will increase the price of Irn Bru

I love this story from the Aberdeen Evening Express:
Scots face a “Brexit Irn Bru tax”, with the cost of importing soft-drink ingredients already rising sharply following the vote to leave the European Union ... the Liberal Democrats have warned. 
The cost of a two-litre bottle of Irn Bru could rise by 6p if just half of the beverage’s secret formula is affected by Brexit-related inflation, MSP Mike Rumbles said. 
Manufacturers are already seeing higher inflation for raw materials since the Brexit vote, he said. 
Inflation for imported soft-drink ingredients jumped 6.3% between June and July compared to only 1% between May and June.
Wars have been fought over less.

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