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Trends > Brexit

Brexit

Brexit

Whether Britain should stay in the European Union is one of the most fiercely debated topics at the minute and food firms, both British and European, will be affected if voters choose to leave on the 23 June. But the question is, would it leave industry stronger or weaker?

Brexit could mean 'less safe and nutritious products,' report warns

Exiting the European Union presents serious risks to businesses and workers in the food sector, a briefing paper has stated as it warns of a future of “less safe and...

Trade, skills and innovation have ‘untapped export potential,’ says FDF report

Improving the UK's efforts in trade, skills development and innovation are key recommendations in a Food and Drink Federation (FDF) - commissioned report that outlines ways to boost the country’s 2.2% share of the global...

Irish mission to Mexico looks to mitigate possible Brexit issues

Ireland’s Minister for Agriculture Food & Marine, Michael Creed TD, has undertaken a series of engagements as part of the first Irish Ministerial agri-food trade mission to Mexico.

UK mulls 'British only' filter button to encourage online shoppers to buy home produce

Almost two thirds of UK consumers would like the option to view only British produce when they shop online, according to new research.

Appetite for buying British rises as brand values fall

The value of some Britain’s biggest brands have taken a “Brexit beating” that could leave them exposed to potential buyers.

UK food and drink exports post record Q1 growth

Britain’s food and drink exports remain robust thanks to the weaker pound with UK food and drink exports for Q1 2017 valued at £4.9 billion (€5.6 billion), according to the...

Pecan Deluxe hires Chamber International to improve its export efficiency following Brexit

Pecan Deluxe which exports more than 75% of its bespoke cakes, biscuits, sauces and desserts to the EU, has hired overseas trade specialist, Chamber International, to offset any challenges posed...

This week Down Under

British MP warns exports to Australia will ‘go off’ in transit

Britain’s departure from the European Union will not result in more food trade with Australia and New Zealand because products will “go off” en route, according to a senior politician....

Tate & Lyle profits jump 85% as weak pound provides boost

British ingredient supplier Tate & Lyle has reported an 85% increase in profit before tax, putting the successful performance down to higher sales, a weak pound and fewer exceptional costs.

UK food industry faces labour shortfall as Brexit fallout gathers pace

UK food manufacturers faces a shortage in labour skills and manpower fuelled by Brexit and low numbers of young people choosing the sector as a career, say food policy experts.

Food & Drink Ireland: ‘Brexit border will add ‘huge costs’ to food’

Food and Drink Ireland says Brexit hard border between Ireland and Northern Ireland would add “huge costs” to food businesses and suggests Sweden and Norway border may be solution.

Raisio confectionery sales hit by Poppets delistings

Raisio has reported a decline in first quarter confectionery sales due to a weaker British pound and reduced UK demand for its brands, which include Poppets and Fox's Glacier.

Brexit could pose GM headache for UK

The UK’s food sector will face “enormous challenges” following Brexit, both in relation to trade with Europe and within its own borders, according to a report by the House of...

Next UK government warned off further nutrient taxes

UK food and drink manufacturers have called on the government not to implement any future nutrient taxes on foods.

News in brief

Wine and pig meat the highest EU exports for February 2017

EU exports reached €10.7 bn in February 2017, an increase of 1.2% compared to last year, says Commission.

Nestlé departs UK for Poland taking 300 Blue Riband jobs

Nestlé is to move production of its Blue Riband chocolate brand from the UK to Poland with a loss of around 300 jobs.

News in brief

British retail consortium releases ‘Brexit Tariff Roadmap’

The British food industry will face a serious hike in prices unless a tariff deal is struck, says trade association British Retail Consortium (BRC).

UK confectionery prices fall slightly despite Brexit

Supermarket price wars have forced UK confectionery down in spite of the Brexit vote, says market intelligence firm IRI.

Scotland and Wales launch plans to help food sector weather 'uncertain times'

Scotland and Wales have launched ambitious new plans to help power their food industries through the years of uncertainty that are expected now the UK has begun the process of...

'Very little appetite' amongst consumers for post-Brexit food regulation changes

Politicians need to think very carefully about how they communicate what Brexit means for food safety and regulation, according to new research carried out in Scotland.

Unilever ranked at more than twice the value of KraftHeinz

Nestlé is the most valuable company in the world in terms of its corporate value and collective brand value while Unilever's total brand portfolio is over double that of KraftHeinz, according to a report....

UK food industry calls for early Brexit deal with Ireland

Heads of the British food and drink industry have called on the government to organise early Brexit trade deals with the Republic of Ireland.

Unilever wants stronger UK protection from foreign takeovers

Anglo-Dutch giant Unilever has called on the UK government to revisit the country's rules on takeovers and acquisitions to protect ‘national champions’ against foreign takeovers.

FDF sends urgent requests to UK government as confidence in the industry falls by almost half

British businesses are almost half as confident about the British business environment as they were last year, a survey has shown. The UK’s Food and Drink Federation has appealed the...

Fairtrade back in growth as foundation launches new marketing strategy

The Fairtrade Foundation has launched a new, hard hitting marketing strategy following research showing that 23% of UK consumers “never think about who produces their food and drink”.

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