Responding to the Prime Minister's Brexit negotiations update, Ian Wright CBE, FDF Chief Executive said:
“The Prime Minister's statement signals that we are heading into very dangerous territory. The perils of a no-deal exit for GB food and drink manufacturing remain as real as ever. We need leaders on both sides to find a way past the current impasse in order to progress talks. In the event of a no-deal Brexit, shoppers will - literally - pay a heavy price.
Imported food and drink from the EU will face eye-watering tariffs averaging 18% kick starting price rises. At the same time border delays and disruption will bring further costs which will not be subsumed by industry. A no-deal outcome is bad for food and drink businesses, bad for food security, and bad for every household in Great Britain.”<