As Britain’s formal exit from the European Union was triggered this week, various companies and a major Dutch bank, reported concerns over prices of fruit, vegetables, flowers and olive oil rising by as much as eight percent.
In its report, Weighing up Future Food Security in the UK: The Impact of the Brexit on Food & Agribusiness in Europe and Beyond, Rabobank, the second largest bank in the Netherlands, specialising in food and agriculture financing and sustainability-oriented banking, said that although details of British trade agreements are unknown, the cost of exports will undoubtedly increase.
Whether you’re for or against the UK’s exit from the EU, there’s no doubt that Brexit will have implications on our imports of fruit and vegetables and other foodstuffs. According to Rabobank, the UK is only 60 percent self-sufficient in terms of food. The report suggests that administrative border checks alone could lead to a hike in prices of between five and eight percent.
What can the British consumer do?
“We’ve said it before and we’re saying it again”, said Paul Hansord, our commercial director, “grow your own!”
“It’s a no-brainer as far as we’re concerned and we’re here to help with lots of ‘how to’ videos and advice on our website. People are so used to getting all their food from shops and supermarkets, but if prices go up as suggested, due to import costs once we’ve left the EU, we’ll need to grow a lot more of our own produce.”
“The fact is that it’s really not difficult to grow at least some of your own fruit and veg. Home-grown is always going to taste better than shop-bought and when you grow your own, there’s no need to worry about pesticides, food miles, the weeks that some shop-bought fruit and veg spend in cold storage; you just pick it or dig it up, and enjoy it – fresh and wholesome – straight from your garden or allotment.”
For help and guidance on growing your own fruit, vegetables and flowers, go to www.thompson-morgan.com/gardening-guides , www.thompson-morgan.com/gardening-for-beginners or www.thompson-morgan.com/how-to-garden