Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Of course the rules will change, but the UK cheese making industry will stay completely static and not invest in jobs and infrastructure to meet the lucrative market this will create.
FFS, the likely outcome medium to long term is prosperity in such situations, not so for EU loving Ireland though, sorry about that.
When was the last time you’ve asked for business loan to exoand business?
“But the direction of travel for prices looks clear, as demonstrated by Britain’s favourite cheese: cheddar. In 2016 the UK bought almost 93,000 tonnes of cheddar from Ireland tariff-free, but without a trade deal that cheese mountain would attract an import duty of €1671 (£1451) per tonne. That adds up to a bill of €155m (£134.6m) according to a Dairy Industry Ireland (DI) study.
DI director Conor Mulvihill said that with the current market price of cheddar at around €3000 per tonne, the imposition of tariffs would equate to a near 56% increase in sourcing costs for British food companies buying cheese from Ireland. “There will be a cheddar shortage unless retailers are willing to pay 50% more,” suggests Mulvihill. “Prices for consumers will inevitably rise.”
How about "let them eat British cheddar instead of Irish cheddar"? The outlook is far worse for Irish dairy farmers than it is for British cheese consumers. Shame...
Of course the rules will change, but the UK cheese making industry will stay completely static and not invest in jobs and infrastructure to meet the lucrative market this will create.
FFS, the likely outcome medium to long term is prosperity in such situations, not so for EU loving Ireland though, sorry about that.
“But the direction of travel for prices looks clear, as demonstrated by Britain’s favourite cheese: cheddar. In 2016 the UK bought almost 93,000 tonnes of cheddar from Ireland tariff-free, but without a trade deal that cheese mountain would attract an import duty of €1671 (£1451) per tonne. That adds up to a bill of €155m (£134.6m) according to a Dairy Industry Ireland (DI) study.
DI director Conor Mulvihill said that with the current market price of cheddar at around €3000 per tonne, the imposition of tariffs would equate to a near 56% increase in sourcing costs for British food companies buying cheese from Ireland. “There will be a cheddar shortage unless retailers are willing to pay 50% more,” suggests Mulvihill. “Prices for consumers will inevitably rise.”
It will cross the NI border tariff-free (well, tariff not paid) because the U.K. are not putting in border checks, and then just shipped across from NI to GB. Simples!
“But the direction of travel for prices looks clear, as demonstrated by Britain’s favourite cheese: cheddar. In 2016 the UK bought almost 93,000 tonnes of cheddar from Ireland tariff-free, but without a trade deal that cheese mountain would attract an import duty of €1671 (£1451) per tonne. That adds up to a bill of €155m (£134.6m) according to a Dairy Industry Ireland (DI) study.
DI director Conor Mulvihill said that with the current market price of cheddar at around €3000 per tonne, the imposition of tariffs would equate to a near 56% increase in sourcing costs for British food companies buying cheese from Ireland. “There will be a cheddar shortage unless retailers are willing to pay 50% more,” suggests Mulvihill. “Prices for consumers will inevitably rise.”
Leave a comment: