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AB Foods Says 'Unbelievable' That Hard Brexit Is On The Table

Published on Feb 25 2019 11:50 AM in Retail tagged: AB Foods / Associated British Foods / Brexit

AB Foods Says 'Unbelievable' That Hard Brexit Is On The Table

It is 'unbelievable' that the British government is contemplating leaving the European Union next month without a deal to smooth its exit, the finance chief of Associated British Foods, one of Britain's biggest food producers, said.

"For it even to be contemplated - a hard Brexit where you've got no arrangement with your major trading partners and when we're so reliant on them for the food supply chain - I find it unbelievable," John Bason told Reuters after a trading update on Monday.

"The consequences of getting this wrong for people are major and I want people to understand that," he said, adding a hard Brexit would be 'irresponsible'.

News by Reuters, edited by Donna Ahern Checkout. Click subscribe to sign up for the Checkout print edition.

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