Related Searches: Tea Vitamin Nutrients Ingredients paper cup packing

Food & Health Ingredients
Health & Nutrition
Processing & Packaging
Starch & Starch Derivatives
You are here: Home >news >UK Food Industry Nervous About Brexit

UK Food Industry Nervous About Brexit

2020-10-21 foodprocessing

Tag: Food Industry United Kingdom Food retailers

Share       

The United Kingdom seems increasingly unlikely to reach a trade agreement with the European unio by the end of the year, and the food industry is warning of higher prices and shorter supplies.

The UK reaffirmed Brexit, its decision to leave the EU, with the 2019 election of Prime Minister Boris Johnson, who ran on a platform of “make Brexit happen.” Since then, trade relations between the UK and EU have been governed by a trade agreement, mostly along the lines of the status quo, that is due to expire at the end of the year.

Johnson announced earlier this month that prospects for a new trade deal are dim and the country must prepare for a no-deal Brexit. This drew concern from British food industry observers.

Helen Dickinson, CEO of the British Retail Consortium, estimated that consumers will have to pay £3 billion (about $3.9 billion) in tariffs. “Government must do what is necessary to agree a zero-tariff agreement, or else it will be the public that pay the price,” she told The Grocer, a British trade journal.

In addition, food retailers and others fear that deliveries from overseas will pile up as truckloads have to pass more detailed customs inspections.

E-newsletter

Subscribe to our e-newsletter for the latest food ingredients news and trends.

Tags

SJGLE B2B Website : 中文版 | ChineseCustomer Service: 86-400 610 1188-3 ( Mon-Fri 9: 00-18: 00 BJT)

About Us|Contact Us|Privacy Policy|Intellectual Property Statement

Copyright 2006-2023 Shanghai Sinoexpo Informa Markets International Exhibition Co Ltd (All Rights Reserved). ICP 05034851-121  沪公网安备31010402001403号

Inquiry Basket

Inquiry Basket

Buyer service

Buyer service

Supplier service

Supplier service

Top

Top