I can't help feeling there is currently 'net' more good news for UK food and drinks businesses post Brexit. This hit me again today when I read that our exports increased in the last quarter. Clearly there is a currency impact so we look cheap as exporters right now, but 13.7% value growth can be attributed to more than just the low pound.
We've always been an outward-looking economy. Exporting when you are an island is something ingrained (especially with our weather). We work hard at it and have developed internationally respected regional niches in certain foods. No surprise then that the biggest categories are cheese (Stiltons and the like), salmon (Scottish sourced), and chocolate (a UK heritage product).
I think there is more to come and we haven't actually left the EU yet.
Exports of branded food and non-alcoholic drinks increased by 13.7% in Q3 2016.The strongest growth since the start of 2016 has come from Spain, which grew by £158m (€185m), £124m (€145m) for China and £60m (€70m) Germany .The top three countries – which together represent 42% of total exports – are Ireland, France and the Netherlands while the best-selling categories are chocolate, salmon and cheese