Whatever it is that Barclay’s said it’s presumably not this:
Food import prices are set to rocket under a no-deal Brexit as punitive EU trade tariffs are slapped on food shipped in from abroad.
A report by Barclays found suppliers and retailers are facing a £9.3bn bill if the Government fails to strike a deal with Brussels before the end of March.
Live poultry imports would be slapped with tariffs of 130pc – handing Brussels a £686m windfall – if World Trade Organisation (WTO) Most Favoured Nation tariffs are imposed.
Other products that would be badly hit include orange juice at 180.1pc, lamb carcasses at 82.3pc and garlic at 71pc, the report found.
I can’t quite find that Barclay’s report but even they’re not dim enough to be claiming that if we’re outside the EU we must impose EU tariffs – and pay the money to Brussels – on imports into the UK? The Telegraph on the other hand…..