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Impact of Brexit on British F&B Operations

   

Added on  2023-06-12

9 Pages3011 Words259 Views
The impact of “Brexit”
on British F&B
operations

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
CONCLUSION ...............................................................................................................................7
REFERENCES................................................................................................................................8

INTRODUCTION
The effects of Brexit on British food and beverage industry in relevance to service sector
were worse for their profitability. There was a devastating impact on the food and beverage
industry as the external changes were affecting the growth of businesses. They were facing many
challenges and the consequences lead to them are explained in this report (AzadAkhi, 2022).
This report contains research on the problems faced by food and beverage industry in the context
to servicing sectors that are explained on the basis of some examples of few entities (Ziebarth,
2022).
MAIN BODY
According to the author “Demiralay S.” British food and beverage businesses were
affected in many ways in relevance to the service sector that are such as tariffs were increased
eventually, as the companies were worried about the post Brexit period in which their dealings
could be stuck in case the EU's Common Customs Tariff rates (CCT) might be applied on the
goods while trading. They could have to face higher tariffs. For example, Bay restaurant group is
a business in hospitality sector and their headquarters are based in Bedfordshire, UK (Wring,
Mortimore & Atkinson, 2022). The company fear for the selling the food, they were unable to
sell their all products during the crisis. Therefore, Food and Drink Federation's (FDF) Q3
business confidence survey identifies that the tariff is going to affect the risks in their company.
The supply chains could have an impact when the tariffs were imposed between the nation and
EU member states. But now the products are transferred without any chaos between the border of
UK and EU member states as they don't apply any tariffs. The Brexit the food and drink sector
might face some issues in EU tariffs and appropriate supply chain disruptions (Demiralay,
Gencer & Bayraci, 2022).
Brexit had applied strict border control checks and this has affected the supply chain
much. The consequences faced by the organisations can be rise in costs, the time to transfer the
products will be more as the time taken to deliver the products in market will be longer but the
company will be having less time for their foods as they get spoiled after some time of storage
(Grint & Holt, 2022). The checking of other than EU trucks and other vehicles were taken time
for about 2 to 3 hours. The companies of UK were having benefit for entering into new markets
and work with them instead of tackling the changing external factors of the nation in the terms of

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