No need to stockpile ahead of no-deal Brexit... everything will be ‘absolutely fine’, Alok Sharma says

WEST END FINAL

Get our award-winning daily news email featuring exclusive stories, opinion and expert analysis

I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.

The Business Secretary has told people not to panic buy ahead of a possible no-deal Brexit, implying that supplies will be “absolutely fine”.

Alok Sharma said he was “very confident” that supply chains would still be in place if the UK and EU fail to secure a post Brexit trade deal.  

It comes after supermarkets reportedly started stockpiling some food and goods after being told by ministers that a no-deal Brexit is on the cards.

Mr Sharma was asked on Sky News if stockpiling was wise and replied: “We had the same discussion during the time of the first lockdown and actually people were able to shop, people were able to get items from shops.  

“So, I'm very confident that actually the supply chains will still be in place.”

He added: "I would say to everyone – just do your normal shopping as you would do and I think we will find we are going to be absolutely fine."

It comes after the British Retail Consortium has said retailers are increasing stocks to ensure a "sufficient supply of essential products".  

The trade body warns that any impact to the food chain is likely to affect fresh produce such as fruit and vegetables which cannot be stored for long.

Without a deal, they said the public will face more than £3 billion in food tariffs and higher prices throughout 2021.

Chief executive Helen Dickinson said: "Retailers are doing everything they can to prepare for all eventualities, increasing the stock of tins, toilet rolls and other longer life products so there will be sufficient supply of essential products.

Alok Sharma said it will be ‘absolutely fine’
10 Downing Street/AFP via Getty

"While no amount of preparation by retailers can entirely prevent disruption, there is no need for the public to buy more food than usual as the main impact will be on imported fresh produce, such as fresh fruit and vegetables, which cannot be stored for long periods by either retailers or consumers."

Meanwhile, British Chambers of Commerce president Baroness Ruby McGregor-Smith told Sky News the UK needs a deal "as soon as possible", adding: "We need to understand how we are going to trade and what the rules are."

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy notice .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in