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British supermarkets are rationing fruit and vegetables as shortages bite - TL;DR CNBC

British supermarkets are rationing fruit and vegetables as shortages bite

Publishing timestamp: 2023-02-28 09:18:05


Summary

Supermarkets in the UK are limiting purchases of certain fruits and vegetables due to supply shortages caused by higher energy costs, adverse weather in Northern Africa and Southern Europe, and tomato disease. The UK is highly reliant on imports of fresh produce, and Brexit may be causing additional paperwork for exporters, leading to higher prices. The UK Food Minister has asked retailers to build preparedness for future incidents.


Sentiment: MIXED

Tickers: TSCO-GB

Keywords: tesco plcbusiness newsfood and drinkbusiness

Source: https://www.cnbc.com/2023/02/28/british-supermarkets-are-rationing-fruit-and-vegetables-amid-shortages.html


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