‘It’s absurd’ – here’s what the drinks industry is saying about the government’s no-deal Brexit plans

Cabinet ministers have approved £2 billion to go towards government departments as they “ramp up” preparations for a no-deal Brexit.

As part of these preparations, the cabinet has instructed UK businesses to begin planning for a no-deal in earnest. Ministers will send letters to 140,000 firms advising them about preparations.

The UK is scheduled to formerly leave the European Union by 29 March 2019, and despite PM Theresa May finalising a draft deal with EU officials last month, Parliament has yet to agree on terms for the country’s departure.

Businesses are being urged to pursue their own contingency plans, with a 100-page information pack set to be released this week.

The decision, which came to a head on Tuesday 18 December, has been met with concern and anger from authorities within the drinks sector.

Miles Beale, the chief executive of the Wine and Spirits Trade Association (WSTA), said it is “absurd that we are still in a position where businesses are without clarity and confidence that the UK will not crash out of the EU without a deal.”

But at the other end of the political spectrum Tim Martin, the founder of pub chain JD Wetherspoon, told the drinks business a no-deal will be “better for the UK economy and for the drinks industry.”

The SWA, meanwhile, said it is “following developments in Westminster closely.”

Click through to see what CEOs have to say about the latest Brexit update. We will keep updating this story as more comments come in.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Sales - Global Wine Competitions

The Drinks Business
London, UK

London Account Manager

Speciality Drinks
London, UK

Sales Advisor

The Whisky Exchange
London, UK

Customer Services Administrator

Speciality Drinks
London, UK

Business Development Manager

Pol Roger Portfolio
London, UK

Business Development Executive – Spirits

Pol Roger Portfolio
London, UK

Trading Administrative Assistant

Vin-Exchange Ltd
London, UK

Events Sales Executive

The Drinks Business Hong Kong
Hong Kong

On-Trade Regional Sales Manager

Anthony Byrne Fine Wines
West Midlands, UK

Pink Rosé Festival

Cannes,France
7th Feb 2019

Wine Paris

Paris,France
11th Feb 2019
Click to view more

The Global Fortified Masters 2018

Deadline : 25th January 2019

The Global Pinot Noir Masters 2019

Deadline : 1st February 2019

Click to view more

Rioja Masters 2018

View Results

The Global Beer Competition

View Results

Click to view more