Domino's Pizza has spent more than 7 million euros stockpiling ingredients
Domino's Pizza has spent more than €7 million stockpiling ingredients and tomato sauce to prepare for a no-deal Brexit. The company is preparing for a possible disruption in food supplies or a sharp price rise. Boris Johnson's Government has committed to leaving the EU on October 31 with or without an agreement. "A no-deal Brexit carries a greater risk of disruption to raw material supplies in the UK and currency volatility, which could increase food costs," the pizza giant said. The UK's food supply would face "unprecedented" levels of disruption following a no-deal Brexit, a food policy expert has warned.Discover more stories onBusiness Insider Spain. Domino's Pizza has spent £7 million (just over €7.5 million at current exchange rates) stockpiling ingredients , including tomato sauce and toppings in case a no-deal Brexit could disrupt food supplies. and increase the price of food. The pizza giant, originally a US company, said on Tuesday that risks related to "disruption of raw material supplies" have increased Middle East Phone Number Listsince the original Brexit deadline in March, adding: " A hypothetical no-deal Brexit "involves increased risk of disruption to UK raw material supplies and currency volatility, which could increase food costs." Boris Johnson's government has repeatedly said that the United Kingdom will leave the European Union in the autumn with or without a withdrawal agreement. This Tuesday the British press suggeststhat the new prime minister would even ignore a parliamentary vote to overthrow his government in order to achieve a no-deal exit on October 31 , the scheduled date for departure, before calling a general election.
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Surprise for Boris Johnson: this figure could mean the end of his Brexit dreams and end up saving Europe Domino's buys flour and cheese in the UK, meaning the supply of these materials would not be affected in the absence of a deal with the EU. However, a no-deal Brexit would disrupt the flow of ingredients it imports from the EU. The company has stocked tomato sauce that it obtains from Portugal, as well as frozen chicken and other durable products such as tuna or pineapple, as reported by TheGuardian newspaper . The UK Food and Drink Federation has warned that certain foods will quickly go out of stock if the country leaves the EU without a deal on October 31 . "A no-deal exit from the EU would be disastrous for the UK food and drink industry," the organization told Business Insider last month .
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