The UK’s decision to leave the European Union has knocked almost €600 million of the value of Irish agri-food exports and left Britain-dependent food producers in a precarious position, according to a new report. Research by Food Drink Ireland found that producers of prepared foods were among the most exposed to the damaging effects of a hard Brexit. These foods include ready-to-eat meals, confectionery and bakery products. Respondents to the survey expressed concern over their ability to sustain low margin business in the UK. Kevin McPartlan, director of the prepared consumer foods division…
Source: The Times February 12, 2018 00:00 UTC