No-deal Brexit would mean shortages and price rises, say retailers

Bosses of Sainsbury’s, Asda, M&S, Co-op and Waitrose write letter to government

Leading retail bosses, including the chief executives of Sainsbury’s, Asda, Marks & Spencer, the Co-op and Waitrose, have written to the government warning of significant disruption to food supplies in the event of a no-deal Brexit.

The letter, from the British Retail Consortium, also warns that grocery prices are likely to rise, as nearly a third of the food eaten in Britain comes from the EU and would be subject to import tariffs if the UK exits without a trade deal in place.

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from The Guardian http://bit.ly/2FThE67
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