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What Brexit Means for Britain, It Also Means for Breakfast

WTO tariffs could lead to 12.8 percent increase in cost of fry-up after Britain leaves the EU
A Full Bombay breakfast is serves at Dishoom in London, U.K., on Tuesday, Aug. 23, 2013. The dish includes bacon, sausages, Indian scrambled eggs and vine tomatoes with toast and chili jam.
Photographer: Richard Vines

The U.K.’s legendary morning feast may be a perfect metaphor for how Brexit will make British life more expensive.

Politicians including Scottish First Minister Nicola Sturgeon and Labour Party leader Jeremy Corbyn who have confused “Brexit” with “breakfast” are on to something more than a phonetic mistake. Ultimately, it’s what the U.K.’s departure from the European Union means for the island nation, served up hot on a plate, according to analysis from KPMG.