It may be time to stock up on LEGO if you are in the UK. Due to the falling worth of the pound in the post-BREXIT world, LEGO has confirmed that all prices in the UK will increase 5% as of January 1st. While that is only a few extra coins on smaller sets, it represents an extra £20 on the Death Star, currently priced at £400.
The price hike was announced in a letter from LEGO’s UK and Ireland’s general manager and vice-president, Fiona Wright. The letter explains the increased prices are the “direct result of the continued devaluing of the UK pound,” and that prices may increase again in the “event of a further negative trend.”
For context, since the UK voted to leave the EU in June, the pound has decreased 16% against the U.S. dollar. Due to these fluctuations, many companies and manufacturers have been increasing prices across the UK, especially on imported goods.
Image created by TBB’s own Elspeth De Montes