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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?

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.

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.

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”.

US deal will flood UK market with food people don’t want, warns respected academic

A trade deal with the US will give “the majority of the UK public food they don’t want” as well as open “a very new can of worms” in terms of food fraud, according to...

Kraft Heinz drops Unilever bid but are other UK firms 'sitting ducks' for post-Brexit takeovers?

Unilever shares have plummeted as Kraft Heinz drops its multi-billion dollar merger bid -  but with the sterling weakened by Brexit, smaller firms are "sitting ducks" for foreign takeovers, UK politicians...

Guest article

The Brexit effect on food safety regulations

The implications of the Brexit referendum have left many in the food industry uncertain of how future food safety assurance will be influenced. Simon Weaver, red24’s Product Risks Commercial Manager,...

Brexit will be sweet for cane and beet, says British sugar industry

Brexit’s impact on the food industry remains speculation, but one British market feels the outcome of the UK’s impending departure will be sweet: the sugar industry.

A ‘sustainable food pact’ between industry and government is the only way to save UK farms: Green Alliance

Efforts to drive food prices down and increase production have resulted in major degradation of UK farmlands, and Brexit may be a golden opportunity to restore health to British agriculture...

Could Brexit trigger a race to the bottom for Britain's food safety & quality?

As the UK government's white paper on Brexit calls for "frictionless trade", the National Farmers' Union has spoken out in favour of a level playing field with new trade partners,...

Dairy industry responds to Brexit speech

This week, British Prime Minister Theresa May outlined some of the expectations of Brexit negotiations, expected to begin after the UK formally announces its intention to leave the EU this...

Feature

May's vision for Brexit: Twelve-point plan or glorified wishlist?

UK prime minister Theresa May yesterday set out her 12-point plan for the country’s exit from the European Union. What did it tell us and how has the food industry...

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