Microsoft said it will be increasing pricing for its enterprise software and cloud services in the UK in the wake of the sterling's plunge since Britons voted to leave the EU. The price increase, from 1 January 2017, will be 13 percent for its enterprise software and 22 percent for its enterprise cloud services, it said.
Fortunately for the Brits, pricing changes will not apply to consumer software or consumer cloud services, the company said in a blog post.
The pound's fall has affected profitability for many companies, as imported goods have become even more expensive. Recently, Britain's biggest grocery chain, Tesco pulled dozens of Unilever brand products from its website after a disagreement over prices.
Unilever had been trying to raise the prices it charges Britain's big four supermarkets - Tesco, Sainsbury's, Asda and Morrisons - across a wide range of goods by about 10 percent, saying it needs to offset the higher cost of imported commodities.
Still the Brits can feel secure in the fact that while they will still have foreigners coming over and taking their jobs, will be ignored in international trade deals, lose their position as a European finanical hub and become an also-ran on the world economy stage, at least they will not have the French and Germans telling them what shape their bananas should be.