Cadbury bosses confirm they are stockpiling ingredients to prepare for hard Brexit
Don't worry, folks. In 150 years, the lack of chocolate will all be worth it
Cadbury is stockpiling ingredients in case of a hard Brexit, owner Mondelēz International has confirmed.
The Times reports that Hubert Weber, president of Mondelēz Europe, said, “Like the whole of the food and drink industry in the UK, we would prefer a good deal that allows the free flow of products, as that would have less of an impact to the UK consumer.
“However, we are also preparing for a hard Brexit and, from a buffering perspective for Mondelēz, we are stocking higher levels of ingredients and finished products, although you can only do so much because of the shelf life of our products.
“We have a contingency plan in place to manage [a no-deal Brexit], as the UK is not self-sufficient in terms of food ingredients, so that could be a challenge.”
Weber went on to say that the UK was “not self-sufficient in terms of food ingredients” and would be stockpiling chocolate and other ingredients to prepare for a hard Brexit.
The Mondelēz Europe boss also warned British shoppers that they may end up paying more for goods if no deal could be reached with the EU, wishing that Britain was “at a different stage [in negotiations] at this stage”.
The United Kingdom is due to leave the European Union on March 29 2019. Whoopee.