Posted 14th November 2016
Britain’s Brexit vote sent sterling into a spin. Since then its value has fallen by around 16% against the dollar.
Some companies banged prices up immediately to gain extra margin. Brisant took on all supplier price rises in the first three months after the referendum, then absorbed half the increases – something we continue to do. We also promised that when the value of sterling rises or falls by a whole $0.05, our prices would change too by 2.5%.
Now, with sterling over $1.25 our prices have come down immediately and automatically by 2.5% this Monday 14th November, as promised.
Brisant customers can monitor sterling’s movements , and its impact on prices in real time here. It’s fair, transparent and there’s no hiding extra margin.