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@AdamPosen is speaking with @lizzzburden about food prices and inflation at #EconafterBrexit
Deal or no-deal, the cost of food is going to rise for businesses and very possibly consumers. Our business correspondent @pkelso explains why ingredients we take for granted today may become a little harder to come by if there is no #Brexit deal.
'A case in point: is not refusing to list as a third country for food imports (SPS).'
"To sign up to a trade deal which results in opening our ports, shelves & fridges to food which would be illegal to produce here would not only be morally bankrupt, it would be the work of the insane."
“Do you have any explanation at all as to why [Michael Gove] should have said there will be no shortages of fresh food given what you've just told us? / “No.” / The British Retail Consortium says a no-deal Brexit will result in shortages of fresh food.
"There’s about 10 days of food in total. The kind of disruption the government is talking about today… will lead to gaps on the shelves within a week.” / Former Sainsbury’s CEO Justin King tells @Emmabarnett why he thinks we should be worried about a no-deal Brexit
In this thread Steve Analyst reviews submissions from US businesses on their requirements for a US-UK trade deal including: lower food, contamination and safety standards; removing labels for traceability; admission of GMO; ...