Now it is the time for the confectionary market to share its concerns over a hard Brexit.
Cadbury’s have said they are stockpiling ingredients, biscuits and chocolates to deal with the fall out from a no-deal Brexit.
Hubert Weber, the European boss of its owner Mondelez, said the UK was “not self-sufficient in terms of food ingredients”.
Mr Weber told The Times: “Like the whole of the food and drink industry in the UK, we would prefer a good deal that allows the free flow of products, as that would have less of an impact to the UK consumer.
“However, we are also preparing for a hard Brexit and, from a buffering perspective for Mondelez, we are stocking higher levels of ingredients and finished products, although you can only do so much because of the shelf life of our products.
“We have a contingency plan in place to manage (a hard Brexit), as the UK is not self-sufficient in terms of food ingredients, so that could be a challenge.”
He warned consumers that there may be price hikes and less choice of goods if a deal is not finalised between the UK and the EU. Mr Weber said he hoped Britain was “at a different stage (in negotiations with the EU) at this stage”.
https://www.thelondoneconomic.com/opinion/the-savage-brexit-letter-that-doesnt-pull-any-punches/26/07/
