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Brexit ensnares Percy Pig as U.K.-EU trade headaches multiply
Deirdre Hipwell, Bloomberg
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A truck operated by Marks & Spencer, arrives at Larne Port in Larne, Northern Ireland, on Dec. 7, 2020.Bloomberg photo by Paul Faith.
Marks & Spencer Group s supply of beloved candies such as Percy Pig sweets to Ireland is under threat, as evidence mounts of the strain Brexit is placing on U.K. retailers.
Deliveries to M&S stores in the European Union are facing red tape and about a third of food products it sells in Ireland may be complicated by new trade rules, Marks & Spencer said Friday. Percy Pigs pose a conundrum because they are made in Germany and the retailer receives the deliveries in the U.K. Sending them on to Ireland without any further processing or alteration may trigger tariffs.