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04-05

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Last-minute Brexit bill risks higher food prices, UK business groups warn

04-05

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Last-minute Brexit bill risks higher food prices, UK business groups warn

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The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.Importers will have to pay 29 ($37) per type of product, up to a maximum of 145 for a single delivery containing several different products.Brexit is finally coming for UK food imports, and prices could rise. The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable pr","content":"<html><body><div itemprop=\"articleBody\">\n<div>\n<cite>\n<span>London</span>\n<span>CNN</span>\n         — \n    </cite>\n</div>\n<p>\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    </p>\n<p>\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most<strong> </strong>animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    </p>\n<p>\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    </p>\n<div>\n<div>\n<div>\n<div>\n<picture><img height=\"1333\" loading=\"lazy\" src=\"https://media.cnn.com/api/v1/images/stellar/prod/240131105257-euro-food-uk-supermarket-080818.jpg?c=16x9&amp;q=h_144,w_256,c_fill\" width=\"2000\"/></picture>\n</div>\n<div>\n<div itemprop=\"caption\">\n<span>A French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images</span>\n</div>\n<figcaption>Chris J. Ratcliffe/Bloomberg/Getty Images</figcaption>\n</div>\n</div>\n</div>\n<p>\n<span>Related article</span>\n<span>Brexit is finally coming for UK food imports, and prices could rise</span>\n</p>\n</div>\n<p>\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    </p>\n<p>\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    </p>\n<p>\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    </p>\n<p>\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    </p>\n<h2>\n    ‘Hammer blow’\n</h2>\n<p>\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    </p>\n<p>\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    </p>\n<p>\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    </p>\n<p>\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    </p>\n<p>\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    </p>\n<p>\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    </p>\n<p>\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    </p>\n<p>\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    </p>\n<p>\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    </p>\n<p>\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    </p>\n<p>\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”\n    </p>\n</div></body></html>","source":"cnn_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last-minute Brexit bill risks higher food prices, UK business groups warn</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast-minute Brexit bill risks higher food prices, UK business groups warn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food ...</p>\n\n<a href=\"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UK":"优客工场","BK4528":"SaaS概念","BK4205":"房地产经营公司","BK4233":"房地产运营公司"},"source_url":"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2424395152","content_text":"London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    \n\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    \n\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    \n\n\n\n\n\n\n\n\nA French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images\n\nChris J. Ratcliffe/Bloomberg/Getty Images\n\n\n\n\nRelated article\nBrexit is finally coming for UK food imports, and prices could rise\n\n\n\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    \n\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    \n\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    \n\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    \n\n    ‘Hammer blow’\n\n\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    \n\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    \n\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    \n\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    \n\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    \n\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    \n\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    \n\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    \n\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    \n\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    \n\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291903871160552,"gmtCreate":1712291603153,"gmtModify":1712292488983,"author":{"id":"4175288202096422","authorId":"4175288202096422","name":"Za3imi","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291903871160552","repostId":"2424395152","repostType":2,"repost":{"id":"2424395152","pubTimestamp":1712233379,"share":"https://www.laohu8.com/m/news/2424395152?lang=&edition=full","pubTime":"2024-04-04 20:22","market":"hk","language":"en","title":"Last-minute Brexit bill risks higher food prices, UK business groups warn","url":"https://stock-news.laohu8.com/highlight/detail?id=2424395152","media":"CNN Business","summary":"British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.From April 30, UK businesses will have to pay up to 145  per delivery of most animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.Importers will have to pay 29 ($37) per type of product, up to a maximum of 145 for a single delivery containing several different products.Brexit is finally coming for UK food imports, and prices could rise. The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable pr","content":"<html><body><div itemprop=\"articleBody\">\n<div>\n<cite>\n<span>London</span>\n<span>CNN</span>\n         — \n    </cite>\n</div>\n<p>\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    </p>\n<p>\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most<strong> </strong>animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    </p>\n<p>\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    </p>\n<div>\n<div>\n<div>\n<div>\n<picture><img height=\"1333\" loading=\"lazy\" src=\"https://media.cnn.com/api/v1/images/stellar/prod/240131105257-euro-food-uk-supermarket-080818.jpg?c=16x9&amp;q=h_144,w_256,c_fill\" width=\"2000\"/></picture>\n</div>\n<div>\n<div itemprop=\"caption\">\n<span>A French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images</span>\n</div>\n<figcaption>Chris J. Ratcliffe/Bloomberg/Getty Images</figcaption>\n</div>\n</div>\n</div>\n<p>\n<span>Related article</span>\n<span>Brexit is finally coming for UK food imports, and prices could rise</span>\n</p>\n</div>\n<p>\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    </p>\n<p>\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    </p>\n<p>\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    </p>\n<p>\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    </p>\n<h2>\n    ‘Hammer blow’\n</h2>\n<p>\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    </p>\n<p>\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    </p>\n<p>\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    </p>\n<p>\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    </p>\n<p>\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    </p>\n<p>\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    </p>\n<p>\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    </p>\n<p>\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    </p>\n<p>\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    </p>\n<p>\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    </p>\n<p>\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”\n    </p>\n</div></body></html>","source":"cnn_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last-minute Brexit bill risks higher food prices, UK business groups warn</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast-minute Brexit bill risks higher food prices, UK business groups warn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food ...</p>\n\n<a href=\"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UK":"优客工场","BK4528":"SaaS概念","BK4205":"房地产经营公司","BK4233":"房地产运营公司"},"source_url":"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2424395152","content_text":"London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    \n\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    \n\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    \n\n\n\n\n\n\n\n\nA French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images\n\nChris J. Ratcliffe/Bloomberg/Getty Images\n\n\n\n\nRelated article\nBrexit is finally coming for UK food imports, and prices could rise\n\n\n\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    \n\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    \n\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    \n\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    \n\n    ‘Hammer blow’\n\n\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    \n\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    \n\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    \n\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    \n\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    \n\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    \n\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    \n\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    \n\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    \n\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    \n\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291903403835600,"gmtCreate":1712291397032,"gmtModify":1712292481160,"author":{"id":"4175288202096422","authorId":"4175288202096422","name":"Za3imi","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291903403835600","repostId":"291746572333160","repostType":1,"repost":{"id":291746572333160,"gmtCreate":1712235562935,"gmtModify":1712483165015,"author":{"id":"9000000000000419","authorId":"9000000000000419","name":"WallStreet_Tiger","avatar":"https://community-static.tradeup.com/news/1fdbba25bcf5dea3f281241ba1320d10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Are you investing the Top 5 large ETFs: SPY, IVV, VOO,VTI, QQQ","htmlText":"When discussing investing in U.S. stock ETFs, the philosophy of large-cap investing is an important strategy to consider.Below are the top 5 large-cap ETFs: <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> , <a href=\"https://ttm.financial/S/IVV\">$iShares Core S&amp;P 500 ETF(IVV)$</a> , <a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a> , <a href=\"https://ttm.financial/S/VTI\">$Vanguard Total Stock Market ETF(VTI)$</a> , <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust-ETF(QQQ)$</a>. The top 5 ETFs collectively encompass the largest and most successful companies in the U.S. stock market.Investing in large-cap ETFs offers a multitude of benefits that can significantly enhance an investor's portfolio strategy. Here are some key advanta","listText":"When discussing investing in U.S. stock ETFs, the philosophy of large-cap investing is an important strategy to consider.Below are the top 5 large-cap ETFs: <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> , <a href=\"https://ttm.financial/S/IVV\">$iShares Core S&amp;P 500 ETF(IVV)$</a> , <a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a> , <a href=\"https://ttm.financial/S/VTI\">$Vanguard Total Stock Market ETF(VTI)$</a> , <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust-ETF(QQQ)$</a>. The top 5 ETFs collectively encompass the largest and most successful companies in the U.S. stock market.Investing in large-cap ETFs offers a multitude of benefits that can significantly enhance an investor's portfolio strategy. Here are some key advanta","text":"When discussing investing in U.S. stock ETFs, the philosophy of large-cap investing is an important strategy to consider.Below are the top 5 large-cap ETFs: $SPDR S&P 500 ETF Trust(SPY)$ , $iShares Core S&P 500 ETF(IVV)$ , $Vanguard S&P 500 ETF(VOO)$ , $Vanguard Total Stock Market ETF(VTI)$ , $Invesco QQQ Trust-ETF(QQQ)$. The top 5 ETFs collectively encompass the largest and most successful companies in the U.S. stock market.Investing in large-cap ETFs offers a multitude of benefits that can significantly enhance an investor's portfolio strategy. Here are some key advanta","images":[{"img":"https://community-static.tradeup.com/news/f2631b59ee37fb3a49aa0e56b13caf5e","width":"1080","height":"1080"},{"img":"https://community-static.tradeup.com/news/5275fd5adcd0f81a49ec9d01018f9272","width":"1080","height":"1080"},{"img":"https://community-static.tradeup.com/news/5981ad6fd2b78129cd2bfac9ed1c9b6c","width":"1080","height":"1080"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291746572333160","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291830660341816,"gmtCreate":1712273634918,"gmtModify":1712279014465,"author":{"id":"4175288202096422","authorId":"4175288202096422","name":"Za3imi","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291830660341816","repostId":"9081459165","repostType":1,"repost":{"id":9081459165,"gmtCreate":1650269754669,"gmtModify":1677144093183,"author":{"id":"3562804614994746","authorId":"3562804614994746","name":"TigerFeatures","avatar":"https://static.tigerbbs.com/5a8e4414a77df621346870c2f7e7cab7","crmLevel":0,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"【Option Price Calculator】Description","htmlText":"1.What is Option Price CalculatorOption Price Calculator is a feature that adopts the famous Black-Scholes Model as the underlying instrument, which calculates the expected option price based on the user's input, such as stock price, implied volatility and days-to-expiration.2.Where to findStock Details Page -&gt; Option Tab -&gt; Option Detail Page3.Learn how to play with itAs the name implies, this feature is used to predict the future price of an option.Scenario 1:Suppose the stock price of the underlying is expected to rise to $186.53 in 5 days, how much profit will be gained if you buy a call option now?Scenario 2:Suppose you bought a call option but the stock price is moving downwards, how much loss might be accrued in 5 days?Scenario 3:Company XYZ is announcing earnings the next day","listText":"1.What is Option Price CalculatorOption Price Calculator is a feature that adopts the famous Black-Scholes Model as the underlying instrument, which calculates the expected option price based on the user's input, such as stock price, implied volatility and days-to-expiration.2.Where to findStock Details Page -&gt; Option Tab -&gt; Option Detail Page3.Learn how to play with itAs the name implies, this feature is used to predict the future price of an option.Scenario 1:Suppose the stock price of the underlying is expected to rise to $186.53 in 5 days, how much profit will be gained if you buy a call option now?Scenario 2:Suppose you bought a call option but the stock price is moving downwards, how much loss might be accrued in 5 days?Scenario 3:Company XYZ is announcing earnings the next day","text":"1.What is Option Price CalculatorOption Price Calculator is a feature that adopts the famous Black-Scholes Model as the underlying instrument, which calculates the expected option price based on the user's input, such as stock price, implied volatility and days-to-expiration.2.Where to findStock Details Page -> Option Tab -> Option Detail Page3.Learn how to play with itAs the name implies, this feature is used to predict the future price of an option.Scenario 1:Suppose the stock price of the underlying is expected to rise to $186.53 in 5 days, how much profit will be gained if you buy a call option now?Scenario 2:Suppose you bought a call option but the stock price is moving downwards, how much loss might be accrued in 5 days?Scenario 3:Company XYZ is announcing earnings the next day","images":[{"img":"https://community-static.tradeup.com/news/33a171aa58fdfdf93001bc388730f946","width":"540","height":"417"},{"img":"https://community-static.tradeup.com/news/d64c8f0552fce5ada190ddf541187a4a","width":"538","height":"440"},{"img":"https://community-static.tradeup.com/news/6930bc3fd6f4ae2774bf40ffc60fcfe7","width":"540","height":"446"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081459165","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":291903921381608,"gmtCreate":1712291615414,"gmtModify":1712292491975,"author":{"id":"4175288202096422","authorId":"4175288202096422","name":"Za3imi","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291903921381608","repostId":"2424395152","repostType":2,"repost":{"id":"2424395152","pubTimestamp":1712233379,"share":"https://www.laohu8.com/m/news/2424395152?lang=&edition=full","pubTime":"2024-04-04 20:22","market":"hk","language":"en","title":"Last-minute Brexit bill risks higher food prices, UK business groups warn","url":"https://stock-news.laohu8.com/highlight/detail?id=2424395152","media":"CNN Business","summary":"British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.From April 30, UK businesses will have to pay up to 145  per delivery of most animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.Importers will have to pay 29 ($37) per type of product, up to a maximum of 145 for a single delivery containing several different products.Brexit is finally coming for UK food imports, and prices could rise. The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable pr","content":"<html><body><div itemprop=\"articleBody\">\n<div>\n<cite>\n<span>London</span>\n<span>CNN</span>\n         — \n    </cite>\n</div>\n<p>\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    </p>\n<p>\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most<strong> </strong>animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    </p>\n<p>\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    </p>\n<div>\n<div>\n<div>\n<div>\n<picture><img height=\"1333\" loading=\"lazy\" src=\"https://media.cnn.com/api/v1/images/stellar/prod/240131105257-euro-food-uk-supermarket-080818.jpg?c=16x9&amp;q=h_144,w_256,c_fill\" width=\"2000\"/></picture>\n</div>\n<div>\n<div itemprop=\"caption\">\n<span>A French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images</span>\n</div>\n<figcaption>Chris J. Ratcliffe/Bloomberg/Getty Images</figcaption>\n</div>\n</div>\n</div>\n<p>\n<span>Related article</span>\n<span>Brexit is finally coming for UK food imports, and prices could rise</span>\n</p>\n</div>\n<p>\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    </p>\n<p>\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    </p>\n<p>\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    </p>\n<p>\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    </p>\n<h2>\n    ‘Hammer blow’\n</h2>\n<p>\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    </p>\n<p>\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    </p>\n<p>\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    </p>\n<p>\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    </p>\n<p>\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    </p>\n<p>\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    </p>\n<p>\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    </p>\n<p>\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    </p>\n<p>\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    </p>\n<p>\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    </p>\n<p>\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”\n    </p>\n</div></body></html>","source":"cnn_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last-minute Brexit bill risks higher food prices, UK business groups warn</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast-minute Brexit bill risks higher food prices, UK business groups warn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food ...</p>\n\n<a href=\"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UK":"优客工场","BK4528":"SaaS概念","BK4205":"房地产经营公司","BK4233":"房地产运营公司"},"source_url":"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2424395152","content_text":"London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    \n\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    \n\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    \n\n\n\n\n\n\n\n\nA French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images\n\nChris J. Ratcliffe/Bloomberg/Getty Images\n\n\n\n\nRelated article\nBrexit is finally coming for UK food imports, and prices could rise\n\n\n\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    \n\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    \n\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    \n\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    \n\n    ‘Hammer blow’\n\n\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    \n\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    \n\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    \n\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    \n\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    \n\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    \n\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    \n\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    \n\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    \n\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    \n\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291903871160552,"gmtCreate":1712291603153,"gmtModify":1712292488983,"author":{"id":"4175288202096422","authorId":"4175288202096422","name":"Za3imi","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291903871160552","repostId":"2424395152","repostType":2,"repost":{"id":"2424395152","pubTimestamp":1712233379,"share":"https://www.laohu8.com/m/news/2424395152?lang=&edition=full","pubTime":"2024-04-04 20:22","market":"hk","language":"en","title":"Last-minute Brexit bill risks higher food prices, UK business groups warn","url":"https://stock-news.laohu8.com/highlight/detail?id=2424395152","media":"CNN Business","summary":"British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.From April 30, UK businesses will have to pay up to 145  per delivery of most animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.Importers will have to pay 29 ($37) per type of product, up to a maximum of 145 for a single delivery containing several different products.Brexit is finally coming for UK food imports, and prices could rise. The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable pr","content":"<html><body><div itemprop=\"articleBody\">\n<div>\n<cite>\n<span>London</span>\n<span>CNN</span>\n         — \n    </cite>\n</div>\n<p>\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    </p>\n<p>\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most<strong> </strong>animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    </p>\n<p>\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    </p>\n<div>\n<div>\n<div>\n<div>\n<picture><img height=\"1333\" loading=\"lazy\" src=\"https://media.cnn.com/api/v1/images/stellar/prod/240131105257-euro-food-uk-supermarket-080818.jpg?c=16x9&amp;q=h_144,w_256,c_fill\" width=\"2000\"/></picture>\n</div>\n<div>\n<div itemprop=\"caption\">\n<span>A French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images</span>\n</div>\n<figcaption>Chris J. Ratcliffe/Bloomberg/Getty Images</figcaption>\n</div>\n</div>\n</div>\n<p>\n<span>Related article</span>\n<span>Brexit is finally coming for UK food imports, and prices could rise</span>\n</p>\n</div>\n<p>\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    </p>\n<p>\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    </p>\n<p>\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    </p>\n<p>\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    </p>\n<h2>\n    ‘Hammer blow’\n</h2>\n<p>\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    </p>\n<p>\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    </p>\n<p>\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    </p>\n<p>\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    </p>\n<p>\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    </p>\n<p>\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    </p>\n<p>\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    </p>\n<p>\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    </p>\n<p>\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    </p>\n<p>\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    </p>\n<p>\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”\n    </p>\n</div></body></html>","source":"cnn_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Last-minute Brexit bill risks higher food prices, UK business groups warn</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLast-minute Brexit bill risks higher food prices, UK business groups warn\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-04 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html><strong>CNN Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food ...</p>\n\n<a href=\"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UK":"优客工场","BK4528":"SaaS概念","BK4205":"房地产经营公司","BK4233":"房地产运营公司"},"source_url":"https://edition.cnn.com/2024/04/04/business/post-brexit-food-import-charge/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2424395152","content_text":"London\nCNN\n         — \n    \n\n\n            British business groups are warning that newly announced post-Brexit charges on plant and animal imports could push up food prices not long after food inflation came down from double-digit rates.\n    \n\n            From April 30, UK businesses will have to pay up to £145 ($184) per delivery of most animal products, plants or plant products imported from the European Union through the Port of Dover and Eurotunnel, the Department for Environment, Food and Rural Affairs said Wednesday. The port and the undersea tunnel beneath the English Channel handle the majority of UK food imports.\n    \n\n            Importers will have to pay £29 ($37) per type of product, up to a maximum of £145 for a single delivery containing several different products.\n    \n\n\n\n\n\n\n\n\nA French Camembert cheese sits with meat and cheese products from across Europe in a shopping basket inside a Morrisons supermarket, operated by Wm Morrison Supermarkets Plc, in this arranged photograph in London, U.K., on Wednesday, Aug. 8, 2018. Morrisons reported a growth in profits in their most recent financial year, boosted by food price inflation. Photographer: Chris J. Ratcliffe/Bloomberg via Getty Images\n\nChris J. Ratcliffe/Bloomberg/Getty Images\n\n\n\n\nRelated article\nBrexit is finally coming for UK food imports, and prices could rise\n\n\n\n            In practice, this means that a truck loaded with, say, a single type of meat will incur at least a £29 charge, while a same-sized truck carrying different meats, yoghurts and cheeses could incur the highest charge. And that maximum may have to be paid multiple times, depending on the truck’s origin and destination.\n    \n\n            The charges “will be one of the factors that perhaps stops food inflation continuing to fall,” according to Tom Southall, deputy chief executive of the Cold Chain Federation, which represents UK businesses delivering perishable produce, which needs chilled storage.\n    \n\n            That’s because UK importers are likely to pass the new levies onto consumers, as trade groups have warned.\n    \n\n            Annual UK food price inflation topped 19% in March 2023, the highest rate in 45 years, and stood at more than 10% as recently as in October. By February, it had eased to 5%.\n    \n\n    ‘Hammer blow’\n\n\n            William Bain, head of trade policy at the British Chambers of Commerce, said the new charges dealt a “hammer blow for small and medium-sized (UK) importers” and were “deeply concerning for retailers, cafes and restaurants.”\n    \n\n            “We urge the government to reconsider their import charge plans in the coming days. Failing to do so risks higher prices for us all, at a time when we should be bearing down on business costs and food price inflation.”\n    \n\n            Smaller European exporters may also be badly hit, according to Southall, because British businesses may ask these exporters to foot some of the extra costs.\n    \n\n            Some are already “deciding that it is too expensive or too much hassle to serve the UK,” he told CNN. While the supply of most products in supermarkets will not be affected, the availability of “smaller, specialist products” will be. “(Britons) might not have such a well-stocked cheese or meat deli counter,” he added.\n    \n\n            The new charges are intended to help the government cover the cost of operating its post-Brexit border facilities and will come into force on the same day that physical checks are introduced on many animal and plant products from the EU.\n    \n\n            Trade groups have also criticized the lack of time given to businesses to prepare for the latest changes.\n    \n\n            James Barnes, chairman of the Horticultural Trades Association, said Wednesday’s announcement came at the “eleventh hour” and confirmed worries that “in just one month, UK horticulture’s competitiveness will again be hit by a cost hike for no material gain.”\n    \n\n            “The charges will undoubtedly increase costs, potentially reduce consumer choice and increase the likelihood of empty shelves,” he said in a statement.\n    \n\n            The association represents around 1,400 retailers, growers, manufacturers and landscapers that rely on imported plants.\n    \n\n            A government spokesperson said the new charges “were at the bottom end of the range” discussed with UK businesses during a consultation period last summer.\n    \n\n            The £145 cap “has been set specifically to help smaller businesses,” the spokesperson told CNN. “We are committed to supporting businesses of all sizes and across all sectors as they adapt to new border checks, and maintaining the smooth flow of imported goods.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":87,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291903403835600,"gmtCreate":1712291397032,"gmtModify":1712292481160,"author":{"id":"4175288202096422","authorId":"4175288202096422","name":"Za3imi","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291903403835600","repostId":"291746572333160","repostType":1,"repost":{"id":291746572333160,"gmtCreate":1712235562935,"gmtModify":1712483165015,"author":{"id":"9000000000000419","authorId":"9000000000000419","name":"WallStreet_Tiger","avatar":"https://community-static.tradeup.com/news/1fdbba25bcf5dea3f281241ba1320d10","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"Are you investing the Top 5 large ETFs: SPY, IVV, VOO,VTI, QQQ","htmlText":"When discussing investing in U.S. stock ETFs, the philosophy of large-cap investing is an important strategy to consider.Below are the top 5 large-cap ETFs: <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> , <a href=\"https://ttm.financial/S/IVV\">$iShares Core S&amp;P 500 ETF(IVV)$</a> , <a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a> , <a href=\"https://ttm.financial/S/VTI\">$Vanguard Total Stock Market ETF(VTI)$</a> , <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust-ETF(QQQ)$</a>. The top 5 ETFs collectively encompass the largest and most successful companies in the U.S. stock market.Investing in large-cap ETFs offers a multitude of benefits that can significantly enhance an investor's portfolio strategy. Here are some key advanta","listText":"When discussing investing in U.S. stock ETFs, the philosophy of large-cap investing is an important strategy to consider.Below are the top 5 large-cap ETFs: <a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> , <a href=\"https://ttm.financial/S/IVV\">$iShares Core S&amp;P 500 ETF(IVV)$</a> , <a href=\"https://ttm.financial/S/VOO\">$Vanguard S&amp;P 500 ETF(VOO)$</a> , <a href=\"https://ttm.financial/S/VTI\">$Vanguard Total Stock Market ETF(VTI)$</a> , <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ Trust-ETF(QQQ)$</a>. The top 5 ETFs collectively encompass the largest and most successful companies in the U.S. stock market.Investing in large-cap ETFs offers a multitude of benefits that can significantly enhance an investor's portfolio strategy. Here are some key advanta","text":"When discussing investing in U.S. stock ETFs, the philosophy of large-cap investing is an important strategy to consider.Below are the top 5 large-cap ETFs: $SPDR S&P 500 ETF Trust(SPY)$ , $iShares Core S&P 500 ETF(IVV)$ , $Vanguard S&P 500 ETF(VOO)$ , $Vanguard Total Stock Market ETF(VTI)$ , $Invesco QQQ Trust-ETF(QQQ)$. The top 5 ETFs collectively encompass the largest and most successful companies in the U.S. stock market.Investing in large-cap ETFs offers a multitude of benefits that can significantly enhance an investor's portfolio strategy. Here are some key advanta","images":[{"img":"https://community-static.tradeup.com/news/f2631b59ee37fb3a49aa0e56b13caf5e","width":"1080","height":"1080"},{"img":"https://community-static.tradeup.com/news/5275fd5adcd0f81a49ec9d01018f9272","width":"1080","height":"1080"},{"img":"https://community-static.tradeup.com/news/5981ad6fd2b78129cd2bfac9ed1c9b6c","width":"1080","height":"1080"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291746572333160","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":4,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":291830660341816,"gmtCreate":1712273634918,"gmtModify":1712279014465,"author":{"id":"4175288202096422","authorId":"4175288202096422","name":"Za3imi","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great article, would you like to share it?","listText":"Great article, would you like to share it?","text":"Great article, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/291830660341816","repostId":"9081459165","repostType":1,"repost":{"id":9081459165,"gmtCreate":1650269754669,"gmtModify":1677144093183,"author":{"id":"3562804614994746","authorId":"3562804614994746","name":"TigerFeatures","avatar":"https://static.tigerbbs.com/5a8e4414a77df621346870c2f7e7cab7","crmLevel":0,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"【Option Price Calculator】Description","htmlText":"1.What is Option Price CalculatorOption Price Calculator is a feature that adopts the famous Black-Scholes Model as the underlying instrument, which calculates the expected option price based on the user's input, such as stock price, implied volatility and days-to-expiration.2.Where to findStock Details Page -&gt; Option Tab -&gt; Option Detail Page3.Learn how to play with itAs the name implies, this feature is used to predict the future price of an option.Scenario 1:Suppose the stock price of the underlying is expected to rise to $186.53 in 5 days, how much profit will be gained if you buy a call option now?Scenario 2:Suppose you bought a call option but the stock price is moving downwards, how much loss might be accrued in 5 days?Scenario 3:Company XYZ is announcing earnings the next day","listText":"1.What is Option Price CalculatorOption Price Calculator is a feature that adopts the famous Black-Scholes Model as the underlying instrument, which calculates the expected option price based on the user's input, such as stock price, implied volatility and days-to-expiration.2.Where to findStock Details Page -&gt; Option Tab -&gt; Option Detail Page3.Learn how to play with itAs the name implies, this feature is used to predict the future price of an option.Scenario 1:Suppose the stock price of the underlying is expected to rise to $186.53 in 5 days, how much profit will be gained if you buy a call option now?Scenario 2:Suppose you bought a call option but the stock price is moving downwards, how much loss might be accrued in 5 days?Scenario 3:Company XYZ is announcing earnings the next day","text":"1.What is Option Price CalculatorOption Price Calculator is a feature that adopts the famous Black-Scholes Model as the underlying instrument, which calculates the expected option price based on the user's input, such as stock price, implied volatility and days-to-expiration.2.Where to findStock Details Page -> Option Tab -> Option Detail Page3.Learn how to play with itAs the name implies, this feature is used to predict the future price of an option.Scenario 1:Suppose the stock price of the underlying is expected to rise to $186.53 in 5 days, how much profit will be gained if you buy a call option now?Scenario 2:Suppose you bought a call option but the stock price is moving downwards, how much loss might be accrued in 5 days?Scenario 3:Company XYZ is announcing earnings the next day","images":[{"img":"https://community-static.tradeup.com/news/33a171aa58fdfdf93001bc388730f946","width":"540","height":"417"},{"img":"https://community-static.tradeup.com/news/d64c8f0552fce5ada190ddf541187a4a","width":"538","height":"440"},{"img":"https://community-static.tradeup.com/news/6930bc3fd6f4ae2774bf40ffc60fcfe7","width":"540","height":"446"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081459165","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}