Another tech firm is raising its prices in the UK by up to 25 per cent following the June 2016 Brexit referendum vote which triggered a massive drop in the..
Another tech firm is raising its prices in the UK by up to 25 per cent following the June 2016 Brexit referendum vote which triggered a massive drop in the value of pound sterling.
Home audio kit maker Sonos is blaming “a significant change” in the exchange rate of dollars to pounds for making its existing pricing “unsustainable”.
By which it means this:
In a note about the local pricing change on its website, Sonos writes: “Our prices are defined regionally. In the UK, this includes local taxation and import duties, but we pay for everything we make in US dollars.
“Over recent months, there has been a significant change on the US Dollar to GBP exchange rate.
