For Scottish shortbread maker, sterling crunch pushes up Brexit costs



Sterling's plunge since Britain voted to leave the European Union has pushed up costs so much for Scottish shortbread maker Bill Dean that he may have to lift prices to balance the books.
Already Dean, who employs 150 people at his factory in the rural northeastern county of Aberdeenshire, has a 3 million pound ($3.7 million) investment plan on hold and says he may eventually have to shrink his business - and his workforce - if costs keep rising.
Dean's family business, born in his mother's kitchen in the 1970s, imports the chief ingredients of the rich traditional Scottish biscuit: butter,... read more

 
8 October 2016 in Business, Views: 43
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31