Brexit Debate

A no-deal Brexit is to cost Scotland £14bn

No-deal Brexit to cost Scotland £14bn

By James Ridler

A no-deal Brexit could cost Scotland £14bn a year, with the food and drink sector worst affected, the Confederation of British Industry (CBI) has claimed.

Without a deal, businesses will need to prepare for a hard Brexit

Eversheds: start planning for hard Brexit

By James Ridler

Food and drink manufacturers need to start implementing their no-deal Brexit contingency plans, legal firm Eversheds has warned, as the threat of a hard exit from the EU draws closer.

The continuing Brexit debacle has led to representatives from the food industry to call for more time to agree a deal

Food industry demands more time for Brexit deal

By Aidan Fortune

The food industry has called for an extension to Britain’s impending exit from the EU following Parliament’s rejection of the Government’s Brexit Withdrawal Agreement.

Princes makes a range of branded canned and packaged fish, fruit, meat, ready meals, pies, pastes and juices

Princes Foods takes profit hit

By Rod Addy

Raw material cost increases and deflationary pressures hit Princes Foods’ pre-tax profit in the past financial year, according to a spokesperson for the business, although the company succeeded in boosting sales.

Brexit may cause some investors to hold off on further deals for a time

Pending EU exit fails to slow industry deals

By Rod Addy

Food industry merger and acquisition (M&A) activity in 2018 remained unhampered by the UK’s pending exit from the EU, with the overall volume of deals up on the previous year.

A new no-deal Brexit hotline will offer advice on what to do in a cliff-edge exit from the EU

No-deal Brexit hotline launched

By James Ridler

Food and drink manufacturers are set to benefit from a no-deal Brexit hotline, helping businesses plan for the impact of a no-deal scenario.

Shore Capital's Clive Black has criticised politicians for Brexit uncertainty

UK an ‘embarrassment’ for lack of Brexit agreement

By James Ridler

The Government’s inability to reassure UK food producers on the future of the industry post-Brexit has made the country an international embarrassment, Shore Capital head of research Clive Black has claimed.

the Welsh meat industry faces uncertainty in 2019, claims Meat Production Wales

New year of uncertainty for Welsh meat production

By James Ridler

Brexit uncertainty and the absence of a deal has left the Welsh meat industry stepping into the unknown in 2019, according to Hybu Cig Cymru (HCC) – Meat Promotion Wales.

Brexit: the clock is really ticking now

No-deal Brexit fears build

By Rod Addy

Businesses' Brexit fears have snowballed, amid a House of Commons statement yesterday that 3,500 service personnel were on standby to support Government departments in the event of a 'no-deal' scenario.