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<p>HM Treasury routinely monitors economic conditions and risks, and the Government
has a range of mechanisms available to support vulnerable people from price rises
in food. We stand ready to take appropriate action in the event the UK exits the EU
without a deal.</p><p> </p><p>Furthermore, officials estimate the direct impact of
spending decisions on household living standards, and would continue to do so in any
no deal response. This is a central consideration when allocating public funds.</p><p>
</p><p>The temporary tariff regime, as confirmed on 8 October, took into account,
amongst other things, the need to help mitigate any price rises that could affect
UK consumers and supply chains. This was a key consideration when setting tariffs
on all goods, including food.</p>
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