FriendlyFire
Codex WMDicanious
Talk about trying to put a square peg though a round hole !
Dose the UK want a protectionist economy or dose it want more Free trade economy ? Someone is going to end up holding the short straw in the Brexit and I have a feeling it will NOT be big business
Dose the UK want a protectionist economy or dose it want more Free trade economy ? Someone is going to end up holding the short straw in the Brexit and I have a feeling it will NOT be big business
Sweet Brexit: what sugar tells us about Britain’s future outside the EU
The reason lies in the EU protection afforded to Tate & Lyle’s company’s arch-rival British Sugar, which uses a very different technique to make a chemically identical product. Its brand of white crystal, Silver Spoon, is made not from imported sugar cane, but from sugar beet grown on farms in the east of England.
One might think the Brexiteers’ promise of “taking back control” of Britain’s economic destiny would favour domestic producers such as British Sugar over foreign importers, such as Tate & Lyle.
“There is a dawning concern,” says Michael Sly, whose family have been farming in the Fens for more than 300 years and who now also chairs the sugar board of the National Farmers Union. “There is a lot of work being done on a spreadsheets around here as people work out what this would mean. Some are hoping that the fall in the currency will help cushion things [for exporters], but it hasn’t dawned on everybody yet that costs go up, too.”
“I detect in much of government and the civil service an ideological bent in favour of free trade,”
Though the efficiency of the British beet industry has soared to the point where it claims yields per acre are higher than cane growers manage in the warmth of the tropics, it remains a precarious business. The heavy crop cannot be grown profitably if it is more than 50 or 60 miles away from one of British Sugar’s refineries. Even then, its farmers claim the burden of living in a high-wage economy means it is unfair to pit them against surplus cane that is dumped on the world market below the average cost of production by developing economies.
https://www.theguardian.com/busines...ar-beet-cane-tate-lyle-british-sugar#comments