The boss of the European division of Mondelez International, which owns Cadbury, says that it is stockpiling ingredients and finished confectionery and biscuits in case of a no-deal Brexit.
Hubert Weber, president of Mondelez Europe, said: “Like the whole of the food and drink industry in the UK, we would prefer a good deal that allows the free flow of products as that would have less of an impact to the UK consumer.
“However, we are also preparing for a hard Brexit and, from a buffering perspective for Mondelez, we are stocking higher levels of ingredients and finished products, although you can only do so much because of the shelf life of our products. We have a continency plan in place to manage [a hard