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Brexit having a negative impact on people’s income – O’Dowd

18 October, 2016 - by John O'Dowd

Sinn Féin MLA John O’Dowd has said that fallout from Brexit is now having a direct impact on people’s income.

The party’s spokesperson on Brexit said:

“The rise in inflation caused by the weak pound, which in turn was caused by Brexit, will and is having a negative impact on household budgets.

“Suppliers are already demanding higher prices in local stores in response to the falls in the pound.   

“Home heating oil is rising on an almost daily basis with 500 litres of oil now costing on average £70 more than it did a month ago.

“Petrol prices have risen by approximately £27 a month for the average family. 

“The hike in fuel prices will also significantly impact on delivery costs as the fuel bills of transport companies rise and these hikes will in turn this be passed on to customers prices in the shop.

Concluding Mr O’ Dowd said:

“The general public should not be fooled into believing Brexit is merely about debates in Westminster, Brussels and the Assembly.

“Brexit is about you and your family’s daily lives, hopes and expectations and we all need to resist it.”

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