Domino's stocking up on imported toppings in case of no-deal Brexit

Domino's stocking up on imported toppings in case of no-deal Brexit
© Courtesy of Ford

International pizza chain Domino’s has reportedly spent $8.5 million to stockpile imported ingredients in case they’re not available in the event of a no-deal Brexit.

The U.K. branch of the restaurant chain said Tuesday that a no-deal Brexit “carries the increased risk of disruption to raw material supplies into the UK and foreign exchange volatility which could increase food costs."

While Domino’s buys most of its produce, including flour and cheese, within the U.K., a third of its supplies — including tomato sauce, frozen chicken, pineapple and tuna — come from outside the country, according to CNN.

The chain said it had spent the money to implement “a series of measures to minimize the impact of supply chain disruption" because "the probability of this risk has increased."

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The news comes as newly sworn-in U.K. Prime Minister Boris Johnson, a staunch advocate of Brexit, insists the U.K. will leave the European Union by Oct. 31, regardless of whether a deal is reached, leading to heightened fears among companies that stand to be hurt by the move.

During his leadership campaign, Johnson promised that the U.K. will leave the EU on Oct. 31 “do or die."

Other restaurants, including McDonald’s and Pret a Manger, have joined U.K. supermarkets in warning of “significant” disruptions to their supply chains if a no-deal Brexit were to take place, CNN reports.

The British Department of Health and Social Care said in June that stockpiling six weeks’ above normal business inventory was appropriate to prepare for a no-deal Brexit.