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If Brexit Fails Chocolate Prices Could Rise, Says Mars

Published on Mar 14 2017 11:18 AM in A-Brands tagged: Mars

If Brexit Fails Chocolate Prices Could Rise, Says Mars

Chocolate prices could rise if the Brexit deal fails, according to Fiona Dawson, global president for Mars.

Speaking at the American Chamber of Commerce to the EU, she warned this would "threaten [the] supply chain and the jobs that come with it." reported

Companies in the automotive and the financial sector have been the focus since the vote, according to Dawson.

But with food and drink the largest manufacturing sector in the UK, accounting for 16% of turnover, she said she wanted a new focus, and called for EU leaders to look at the bigger picture when negotiating. She added, "There can be no economic advantage either side restricting trade with a large market situated on its doorstep," she said.

Dawson added, "In simple terms, if the UK and the EU fail to agree on a new preferential deal, it will be to the detriment of all. Other member states should remember this is not about 'punishing' Britain for her decision to withdraw, but rather about finding the best solution for European and UK workers and consumers."

© 2017 - Checkout Magazine by Donna Ahern

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