Following Brexit, the price of the British Pound has fallen significantly, forcing companies in the UK to raise prices in order to compensate. HP is not the only company to raise its prices. OnePlus has already raised the price of the OnePlus by £20 to £329.
“As you will be aware, we have seen an unprecedented weakening of the pound to US dollar exchange rate over the past few weeks. In order to maintain a sustainable and consistent approach to our operation in the UK and Ireland, we have taken the decision to make some adjustments to our channel-supported and directly-contracted end-user pricing strategy.” – reads an email from HP to its partners.
“Effective from 1 August, we will be implementing an adjustment of circa 10 per cent across HP’s Personal Systems portfolio. This applies to all HP commercial/business products in the HP Personal Systems category (core PC/laptop, value technology and mobility solutions). As always, you may freely determine your resale price to your customers.”
Many other companies are likely to follow suit. The Brexit result has caused the British Pound to drop to its lowest value in 30 years.
I'm guessing you are not British, and you certainly don't have a full understanding of the British political system. Parliament do not elect the Government. The Government is formed by the party who won the election. In the situation of a hung parlia...
if the value of currency dropped we can see the price will rise up/increase for sure. For example if Chinese currency getting stronger than USD, then we can see the price of smartphone (which is made in China) in US market will rise from $300 to $330...
the main concern why UK chose exit because UK take burden from the EU members, there the strongest members must cover the weak.. Being member in EU also means each member has limitation to control their own country