Caple freezes prices in the wake of Brexit

Appliance manufacturer Caple has announced it will not increase prices as a result of the UK’s decision to exit the EU.

It has pledged that prices will remain frozen across its complete portfolio, which includes sinks and taps, and kitchen and bedroom furniture.

Caple said the decision was made to “show their support” for its retailers.

“We are always looking at ways in which we can support our retailers and protect their margins,” said Caple managing director Danny Lay (pictured). “In the wake of the UK’s vote to leave the EU, many manufacturers have announced price increases. However, we are keen to reassure our retailers that this is not something that Caple is planning to do.”