Tuesday, June 15News For London

Tag: Single market

Khan reiterates desire to have the UK stay in single market

Khan reiterates desire to have the UK stay in single market

Breaking News, Harrow, Politics
The Mayor of London Sadiq Khan has re-echoed his desire to have the UK continue to access a single market even after Brexit. Khan pointed to the growing inflation which has increased from 0.5 to 2.9 since the referendum and translated to high costs of living for Londoners and the United Kingdom at large as the main reason why efforts should be made to stay in the single market post-Brexit. “The fall of the value of the pound has increased the cost of all businesses who have subsequently pinched customers by raising prices or reducing the size of their product while keeping prices the same,” Khan lamented during the mayor’s questions time last Thursday at the City hall “The continued drop in the value of the pound since the referendum has contributed to inflation rising from 0.5% t