The first set of the Government plans for a no-deal Brexit revealed changes that could impact convenience stores including additional costs for food importers, new tobacco pack health warnings, changes to product labelling and reduced immigration.
A statement by the Federation of Wholesale Distributors warned exiting the EU without a trade deal would cause supplier price increases. “The food and drink wholesale distribution sector will face further upward pressure,” it read.
There were no major changes to VAT rates, no changes to workers’ rights, a continuation of EU food standards and no clear answer for the Irish border issues. Eugene Diamond, owner of Diamonds News-agent in Ballymena, Northern Ireland, commented: “This Government statement justifies all the worries people in Northern Ireland had about the cost of leaving.”
Read more on this story: Retailers fear negative impact of no-deal Brexit