Originally posted by DimPrawn
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Reply to: Cheddar
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Previously on "Cheddar"
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Originally posted by DimPrawn View PostOf 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.
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Originally posted by AtW View Post“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.”
UK food imports from EU face 'GBP9bn tariff bill' under no-deal Brexit | Politics | The Guardian
Oh ffs, let them eat Mozarella!
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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.
Leave a comment:
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Originally posted by AtW View Post“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.”
UK food imports from EU face 'GBP9bn tariff bill' under no-deal Brexit | Politics | The Guardian
Oh ffs, let them eat Mozarella!
Leave a comment:
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Cheddar
“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.”
UK food imports from EU face 'GBP9bn tariff bill' under no-deal Brexit | Politics | The Guardian
Oh ffs, let them eat Mozarella!
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