TOLD you @remainers

And the price of coffee will rise and inflation will increase and erode wages rises and there will be fewer jobs and higher unemployment etc.

You can't fool economics with Brexit.

1) Inflation has been at historic lows for several years, which is a disincentive to people spending their money. Mervyn King tellingly remarked that if Brexit leads to inflation, it would achieve what the Bank of England had been trying and failing to achieve for the past few years.

2) Unemployment is also at historic lows, and between HS2, Hinkley Point and Heathrow expansion, if anything we could potentially be suffering from too few workers once we leave the EU. Further, the falling pound has been a massive boon to businesses which export, which is typically the mid-large businesses which provide huge numbers of jobs. Unemployment is the least of our worries at the moment.

A little inflation does no harm but its at 1% even before the increases in import prices has had an effect. High inflation forces up wages and reduces competitiveness.

Official unemployment is low but that is not really the whole picture. There are a lot of under employment such as people forced into part time work, workers on zero hours contracts and people on disability benefits when they could work. You also have hundreds of thousands of students who would have been in jobs or looking for them a few years ago. So there are a lot of people who are not earning as much money as they want and the country isn't getting the same amount of taxes as before.

The low pound could certainly help exports assuming the country has the capacity to ramp up production in both visible and invisible exports and can do so without incurring disproportionately higher costs such as increasing overtime pay.

https://www.theguardian.com/business/2016/oct/25/costa-coffee-owner-whitbread-wages-need-rise-brexit-shrinks-worker-pool

Wages rise with demand, out of single market = less supply.

Cost-push inflation. Yay.

You think coffee prices will remain the same?

TOLD you @brexiters.

If no one buys it then the price won't stay high....

That would be a shift in demand. Unrelated to either point, mine or the OPs.

Well you say:

You think coffee prices will remain the same?

Well, they could be in Brexit Britain if big business lowered there above charge prices.

You can go in to a local coffee shop and pay less than these branded shops

Why would they lower their price if their costs go up?

Because they have a large margin of profit. They know that. They can still be here just with a lower margin of profit.

Why aren't they doing that now?

Because they still get good numbers of customers and can still get staff on the cheap.

Irrelevant to the margin.

Try again.

I can't be bothered with you Remainers no more because the vote has been made and it's Brexit.

Stay stubborn with your choice.

My statement has great relevance with Brexit and it is possible for Costa and others to reduce prices and increase staff wages even in Brexit. They MARK UP prices sky high and these company's just use the brand as a selling point to make tremendous profits.

They can still profit with lower prices and higher wages because there is a high gap of profit.

They could have done all of that prior to the vote, after post vote, all regardless of outcome of the vote.

But they don't do it because they can get away with it. If we go hard Brexit then chances are things might have to change for such overpriced company's with cheap labour.

Yes, things have to change, and a likely change will be increasing prices.