Quote:
Originally Posted by Lancsbreaker
Sure - just seems that a number of people seem to be taking advantage of Brexit to do some unjustifiable price-gouging......
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Not sure it's just Brexit.
One of the odd factors of the pandemic - for some but not all - is the accumulated spending power when money keeps arriving and most of the usual options for spending over and above basic necessities.
For example I have heard that the sales of Porsches have been going well and hear reports that ultra cheap cars ($300) are not to be found in the USA because stimulus cheques have allowed people to budget $1000. And the rest of the market has eased up accordingly.
Once this has been observed for a while it seems very likely that the effects will extend to wider markets. But as prices for all sort of things seep upwards - PayG mobile phone pricing for example - it is almost certain that all areas of the economy will either need to adjust their operations to cover extra costs or simply see an opportunity to do so.
Whether the increase sticks or not depends on other factors. Once the Govts have started to take their bites and the real world of commerce becomes visible after the "lockdown" ends (that may be a while yet) we will have a better understanding of that has changed. And whether or not that change was unavoidable or blatant gouging.