Unprepared British consumers face Brexit-driven price squeeze

By David Milliken LONDON (Reuters) - Any British shoppers tempted by Apple's new iPhone are having to dig deeper into their pockets after June's Brexit vote as the U.S. tech giant raised the sterling price by 60 pounds when the model went on sale on Sept. 16. On Tuesday, sterling slid to a new 31-year low, meaning many other retailers are likely to follow Apple , putting a dampener on five years of solid growth in consumer spending that has powered Britain's recovery since the financial crisis.