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Economy

UK food and drink trade deficit largest since 2000 at £21bn

Industry leaders call on government to protect homegrown produce in the interest of national security

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UK food and drink trade deficit largest since 2000 at £21bn

The gap between Britain’s food and drink exports and imports has neared its highest this century, as a combination of Brexit, war in the Middle East and US tariffs dented deliveries overseas while imports soared.

The UK’s food and drink trade deficit has risen to more than £21bn – the largest since 2000 – in what industry leaders said was a “wake-up call” for the government to protect homegrown produce in the interest of national security.

Source: The Guardian ↗

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