Brexit deal may push up prices, admits minister

Pro-EU supporters gathered outside the High Court in London yesterday where judges were being asked to rule on whether Theresa May can trigger Article 50 without a vote in parliamentADRIAN DENNIS/Getty Images

A Brexit minister has conceded that Britain may be forced to accept a temporary trade deal that experts say will push up the price of household staples.

Lord Bridges of Headley, the under-secretary of state for the Department for Exiting the European Union, said that the government was looking at the option of falling back on World Trade Organisation tariffs to fill any gap between Britain leaving the EU and the ratification of a free trade deal with the single market.

The EU’s schedule of tariffs at the WTO lays out the basic charges levied on goods coming from all…

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