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Brexit

Britain's Morrisons expects border delays if no UK/EU trade deal

FILE PHOTO: A Morrisons supermarket is seen in south London, Britain August 19, 2016. REUTERS/Peter Nicholls/File Photo

LONDON (Reuters) - Morrisons MRW.L, Britain's fourth largest supermarket group, said on Thursday it anticipated delays at borders in the event of the UK failing to reach a trade agreement with the European Union.

“We recognise there will be some delays at borders and we continue to look at alternatives to (the) Dover-Calais (route),” CEO David Potts told reporters after Morrisons reported first half results.

“Our strong preference, because tariffs turn into inflation, is to have a no tariff deal,” he said.

But Potts pointed out that two thirds of what Morrisons sells is British - “so we think we’ll in a good position.”

Reporting by James Davey; editing by Sarah Young

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