British supermarkets battle to secure stocks as chaotic Brexit looms [Reuters (UK)]
TESCO PLC S/ADR (TSCDY)
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Source: Reuters
British supermarkets battle to secure stocks as chaotic Brexit looms | Reuters 7 Min Read LONDON (Reuters) - Britons could face shortages of fresh food, price rises and less variety if the country leaves the European Union next month without agreeing trade terms, food industry officials say. With no deal in sight as Britain’s March 29 exit date approaches, supermarkets are stockpiling, working on alternative supplies and testing new routes to cope with an expected logjam at the borders but say they face insurmountable barriers. “You can’t stockpile fresh produce, you haven’t got any space and it wouldn’t be fresh,” said Tim Steiner, head of online supermarket pioneer Ocado. The warnings, including talk of whether rationing would be needed, are part of a chorus of concern from businesses who say they are weighed down by uncertainty in what was once considered a bastion of Western economic and political stability. The last time Britain’s food supplies were seriously hit was when fuel pr
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