Price hikes of up to 50% in the wake of Brexit vote

Lego is latest to announce Brexit price rises

Lego has become the latest brand to announce it will be hiking prices 5% to account for the falling value of the pound against the euro since the summer. It's one of an alarming number of household names to hike prices in the wake of the Brexit vote.

See also: The real lesson from Marmitegate - and it'll save you a fortune

See also: Shoppers 'spending more' on supermarkets' own-label ranges ahead of Christmas

See also: Is your Christmas food a rip-off?


2. Marmite
This was the first high-profile brand to make the change, after Unilever reached a stalemate with Tesco over price rises and the supermarket said it would pull the products from its shelves. Eventually Unilever backed down to secure the Tesco deal, but other supermarkets have not had the same success, and prices have risen by as much as 12.5%

3. PG Tips
The Unilever price rise included a number of well known brands. Fortunately, a taste test conducted by AOL at the time of Marmitegate revealed that supermarket own brands offer excellent alternatives. Asda and Tesco outscored PG Tips on the test.

4. Hellmann's
Hellmann's mayonnaise is another Unilever brand that has risen in price. Again the positive news is that the taste test showed anyone worried by the price rise can try the Asda, Lidl and Aldi own brand mayo as impressive alternatives.

5. Comfort
Comfort is another victim of Unilever price rises. A study in November by MySupermarket found that in the months since the vote, the price of Comfort Concentrate Pure Fabric Conditioner was up almost 10%.

6. Magnum
You might not feel the pain of this Unilever price rise until the summer. However, the MySupermarket study showed that price rises were already in place by November - and the cost of four Magnum Classic Ice creams was up by an average of over 7%.

7. Walkers crisps
Hot on the heels of the Unilever row, Walkers announced it would be raising the price of crisps by 10% to take account of 'fluctuating exchange rates'. A standard bag will rise in price from 50p to 55p. It caused a row because the crisps are made in a British factory using British potatoes, but Walkers argued that the cost of importing seasonings, oil and packaging forced the price rise.

8. Bird's Eye
The firm has said it will have to make changes to take account of the pound's collapse. This could mean price rises of up to 12% or shrinking packaging sizes - whatever the company agrees with the supermarkets. It will hit everything from frozen peas to fish fingers and chicken nuggets.

9. Typhoo Tea
The company has said prices will rise an eye-watering 50% - claiming that the cost of importing a bag of tea has risen this much in a year and needs to be reflected in the price.

10. Toblerone
Technically Mondelez International managed to keep the price the same. However, this was only by causing controversy and changing the shape of the bars. It means less chocolate for the same price - which is every bit as bad as a price hike.

11. British Airways
Back in October, British Airways announced that the fall in the value of the pound had hit profits, and as a result the airline may have to raise prices

12. Mark Warner Holidays
People who have already booked package holidays have had to pay another £50 to take account of the fall in the value of the pound.

13. Apple Mac
There have been sizeable rises in prices since the Brexit vote, with the cost of the 13-inch MacBook Air rising from £849 to £949.

14. Microsoft
The computing giant has also announced price rises. These are yet to be finalised, but commentators have speculated that rises could be 20% or more.

15. Dell
Dell computers raised prices by 10% shortly after the vote - pointing out that given the slide of the pound, the move was unavoidable.

16. Electrolux
Products like washing machines and fridges made by the firm have risen in price by 10%.

17. Next
The clothing company announced in September that it would have to put prices up by 5%, as a result of the Brexit slide.

18. Ford
The car maker is among many in the industry announcing price rises, and with hikes of 1.5% across the range, it means your car could cost hundreds of pounds more as a result.

19. Holiday Inn
The Holiday Inn in Portsmouth says it won't be offering free towels to guests in the gym, as a cost-cutting measure to offset the effect of the falling pound.

20. Bananas
Back in November, it emerged that supermarkets had raised the price of bananas for the first time in five years, as a result of currency movements. Prices were up around 6%.



10 PHOTOS
Christmas gift ideas for men
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Christmas gift ideas for men
Fancy a tipple? A bottle of wine might not seem like the most lavish of Christmas gifts but it can be the perfect present for someone who loves a glass of red or white. Or why not push the boat out and buy them a whole case? Websites like Laithwaites.co.uk offer a huge range of wines which you can filter by type, country and even grape variety!
Improve the quality of your Christmas listening this year by giving your nearest and dearest a speaker! There are plenty of affordable, high quality, bluetooth connected speakers on the market now including these fun and colourful portable speakers from Sony at Currys PC World. If you're looking for something a little more upmarket why not splash out on the Echo from Amazon which connects all the devices in your home too.
This shaving kit from the Bodyshop includes everything the men in your life could need to get a fresh shave each morning and it all comes with a touch of luxury. If you don't want to fork out for the whole set, each part also comes individually and can be found here. Why not add to the gift with a razor from Boots too to really round out the whole set.
You can't go wrong with a nice new timepiece, especially if their old watch is starting to look a little tatty. Take a look at watchshop.com for a wide variety of watches including this stylish Emporio Armani number on sale for £127. If you're happy to spend a little more why not take a look at the selection available on the Goldsmiths website.
Got a daredevil in the family? Or maybe just someone who likes trying new things? Experience days are not only a great gift but a good way to kick start a new hobby. Whether it's beer brewing, skydiving or a day spent learning how to make chocolate there's so many options it's easy to find something to fit your loved one. Sites like experiencedays.co.uk and virginexperiencedays.co.uk are handy for browsing.
Add a touch of class with a smart new wallet for a loved one. These billfold wallet from Aspinal are sure to stand the test of time, even if their price tag is a little more than a high street number. If your looking to spend less why not take a look at the wide range on offer at House of Fraser or John Lewis.
Subscription TV and film packages are more popular than ever and although they might not be the first thing you think of when it comes to gifts, buying someone a year long membership could be the best present under the tree this year. Netflix monthly costs range from £5.99 to £8.99, you can get Now TV subscriptions that vary from £2.99 to £6.99 while Amazon Prime Video is just £5.99 a month.
VR has exploded in 2016 having made its way onto the market in a big way with pricey products such as the outstanding Oculus Rift (pictured). If, like us, you don't have £549 squirrelled away for a Christmas gift why not try cheaper options like the Samsung Gear, VR Box 3D or the Aizbo 3D VR.
Have you got an aspiring chef in the family? Or maybe just someone who loves to spend time in the kitchen? There's plenty of gifts that fit the bill. If they love trying new flavours why not invest in this Three Month World Kitchen Spice Subscription. Or, why not combine cooking with a class in this Fine Dining DIY Cookery Class. While the sun might have set on summer, 2017 is just around the corner so this Personalised BBQ Set is ideal for those looking ahead!
Looking for a gift for a keen traveller? Then why not invest in the increasingly-popular scratch off maps. ScratchMap.org have a huge selection of styles and colours and including whole world versions as well as UK, Europe and US editions.
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