Irish cheesemaker stockpiling cheddar in case of no-deal Brexit
by Lisa O'Carroll in Dublin from Economics | The Guardian on (#40MGZ)
Ornua, owner of Kerrygold and Pilgrims Choice brands, says it is preparing for uncertainty
The Irish dairy company behind well-known brands such as Kerrygold has started stockpiling cheddar in the UK to guard against the risk of a major price hike for Britain's favourite cheese in the event of a no-deal Brexit.
World Trade Organization tariffs on cheddar are as high as 42%, but Irish cheese manufacturers fear sales would plummet in British supermarkets if it passed on the full extra cost to the consumer.
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