No deal scenario ‘catastrophic’ for UK farming

No deal scenario ‘catastrophic’ for UK farming

An extraordinary meeting of the National Farmers’ Union of England and Wales (NFU) Council has agreed six principles that will guide the NFU in its aim to deliver the best outcome from Brexit for British farmers. Commenting on these principles, NFU president...
Food prices could rise by 10% warns Bank of England

Food prices could rise by 10% warns Bank of England

In a Treasury Committee meeting, taking place on 4th December, it has been reported that Bank of England governor, Mark Carney has warned that food prices could rise between 5% and 10% after Brexit. Carney has told MPs that if the UK sees an extreme case, food prices...
Survey shows food retailers preparing for hard Brexit

Survey shows food retailers preparing for hard Brexit

In the event of a no-deal Brexit in March 2019, a new survey has shown that over a third of retailers indicated they feel ‘very underprepared’ for a hard Brexit, and are considering stockpiling where possible. Squire Patton Boggs and Retail Economics undertook a...
Stockpiling issues cause concerns for food industry

Stockpiling issues cause concerns for food industry

In a recent meeting with the Business, Energy and Industrial Strategy Committee, Ian Wright, chief executive of the Food and Drink Federation, along with Ian Rayson of Nestle UK, raised various concerns over Brexit. According to a report by BBC, Wright said that...
CEO to step down as Premier Foods plans for Brexit

CEO to step down as Premier Foods plans for Brexit

Premier Foods, which owns Bisto, Oxo and Mr Kipling, amongst other major food brands, has announced a new strategic initiative to deal with Brexit fears. It has also confirmed the pending departure of CEO Gavin Darby. In a statement, the company has said it intends to...