Brexit news - No more German lager
Written by Michael Coyle on 13 June 2018« Return to Reading Room
Wetherspoon's MD said:
“This move helps us to broaden our horizons so that we create an improved offer for the 2 million customers who visit our pubs each week. It is the start of a review of all products in the next six to 24 months, with the object of making our business more competitive. The EU’s customs union is a protectionist system which is widely misunderstood. It imposes tariffs on the 93% of the world that is not in the EU, keeping prices high for UK consumers. Tariffs are imposed on wine from Australia, New Zealand and the US, and also on coffee, oranges, rice and more than 12,000 other products,” he said.
“There will be an inevitable transfer of trade post-Brexit to countries outside the EU, which will reduce prices in shops and pubs. The products we are now introducing are at lower prices than the EU products they are replacing.
“We intend to honour existing contracts with EU suppliers, some of which have several years to run,” he added.
Say goodbye to Bock, Märzen, and Schwarzbier
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