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A No-deal Brexit would “inevitably disrupt” fresh food supplies in Britain as delays at ports would throw time-deliveries into chaos, a chief executive of the supermarket group Sainsbury expressed.
Mike Coupe said the October 31st Brexit date could not have come at a worse time for supermarkets as warehouses were already full with produce for Christmas.
Other supermarkets bosses said that Britain was unlikely to run out of essentials like toilet paper in the event of a no-deal Brexit. While this is the case, some fresh fruit and vegetables could be in short supply and prices may rise.
Senior retail figures have also showed the government’s demand for supermarkets to prepare for a No-deal Brexit by stockpiling food was angering the industry. The bosses expressed that they shouldn’t be blamed if their shelves were not full.
The second quarter had seen Australian consumer prices dropping by a record. This could be attributed to the coronavirus crisis dragging child care cost and petroleum prices, inflicting a serious damage to years of growth toward higher inflation. Last ...
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
Financial markets saw record heights earlier on Friday, with the Euro continuing its 21-month gain streak and gold prices hitting its highest level amid a weakened Dollar. The Euro soared above the Dollar by 1.7%, trading at $1.1616 for the ...
The self-driving car company Waymo LLC and Fiat Chrysler Automobiles NV (FCHA.MI) signed a partnership deal on Wednesday to fully develop self-driving cars, pickups, and SUVs. Waymo, an Alphabet Inc. (GOOGL.O) unit, and Fiat Chrysler said ...
On Tuesday, Ebay Inc. (EBAY.O) announced that it had reached a deal to sell off its classified ads business unit to Adevinta ASA (AD5B), a Norway-based classified ads publisher owned by Danish media company Schibsted (SBSTA.OL). The classified ...
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