Cadbury reveals it is stockpiling ingredients, chocolates and biscuits in case of a ‘no-deal’ Brexit
CADBURY has revealed it is stockpiling ingredients, chocolates and biscuits in case of a “no-deal” Brexit.
The boss of the firm’s owner, Mondelez International, claimed the UK was “not self-sufficient in terms of food ingredients”.
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Hubert Weber said the food giant, which also makes popular snacks like Oreo cookies and Maynard Bassetts’ wine gums, was putting a programme in place in case Theresa May is unable to get an agreement from the EU.
With the deadline for our exit from the bloc approaching, a number of companies within a range of industries are making contingencies for exiting without a long-term deal.
Speaking to The Times, Mr Weber warned as a result shoppers may face higher prices and fewer choices in the shops unless the negotiations improve.
He said: “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.
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