Post by R. Mark Clayton Post by Bod
Being in the EU has hit Tate & Lyle Sugars hard – and cost British jobs.
The EU imposes prohibitively high import tariffs and protectionist sugar
and trade policies. These discriminate against cane sugar refiners like
us in favour of EU beet sugar producers.
But after Brexit, we can have a level playing field in the UK sugar
market. This will be a real success story for a UK industry and a
much-loved British brand.
Consumers will also win because competition will deliver a bigger choice
of more innovative products. A more competitive UK market can also boost
If the UK tariff on sugar is decoupled from the EU's then sugar might be cheaper in the UK. Expect to see the EU impose tariffs on UK manufactured foods containing a lot of sugar (e.g. confectionery) to prevent it underselling similar EU foods.
"These discriminate against cane sugar refiners like
us in favour of EU beet sugar producers."
is potentially a bit misleading. We are also beet sugar producers,
and 2/3rds of sugar used in the UK is produced in this way:
'British Sugar processes all sugar beet grown in the United Kingdom,
and produces about two-thirds of the United Kingdom's quota of
sugar, with the remainder covered by Tate & Lyle and imports.'
'... Tate & Lyle ... is still allowed to import zero-tariff sugar from a
handful of designated markets such as Fiji, Belize and Guyana and
that are seen as supporting international development goals. [But
it has to add in shipping costs].
So it is a bit more complex than Bod makes out. It is not exactly
brave British Tate & Lyle battling against the evil EU and their
dastardly beet sugar producers ...