New UK-EU food import rules spark inflation and supply fears
• New border controls on some UK food imports from the EU came into force, increasing costs and paperwork for businesses. This could drive up food prices.
• Meat, eggs, fish, and dairy now require export health certificates and other paperwork to enter the UK.
• The new checks will cost UK businesses £330 million ($419 million) per year according to government estimates. Some experts warn the impact on inflation could be greater.
• Industry groups have warned the measures could disrupt vital supplies when physical checks are introduced in April. The UK relies heavily on EU imports for meats like beef, lamb and pork.
• A group of 30 UK trade organizations said the rules could impact the flow of critical EU food ingredients to the UK, affecting food security and availability.