Quote:
Originally Posted by Taf
A relative who worked in the meat trade most of his life told me that, whilst beef-on-the-hoof prices have been fairly stable for a while now, extra costs are being added at every stage of production, at a level that has never been seen before.
Transporters, abattoirs, cutters and distributors have all increases prices for their work, and that has meant a big spike in the price of beef at wholesalers, and the final prices at shops are at record levels.
Labour's NI hikes for employers are going to ramp all this up even higher, meaning "hard working people" are going to bear the brunt, as expected.
We all know that these price increases will appear in all forms of commerce, from products to services, and costs will be passed down to the final buyers.
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If each stage in a chain has their costs increased by NI, then those links add up. Eg 0.2% increase in costs in one stage, might not look too bad, but after 5 of those stages you get a 1% increase by the last stage