Domino’s Pizza splurges £7m on stockpiling toppings for a No Deal Brexit

DOMINO’S pizza chain has splurged £7million on stockpiling vast quantities of tomato sauce and other ingredients in case there is a No Deal Brexit.

The fast food chain is also hoarding tinned tuna, pineapple and frozen chicken to hedge against the risk of border chaos if Boris Johnson does not get a new deal.

The revelations come as the PM has vowed to take Britain out of the EU “do or die” on October 31.

Industry experts have warned supermarkets and restaurants could be hit by food shortages because of long border delays.

Slipping the cost out in their financial results yesterday, Domino’s said: “A potential ‘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.

The Group has implemented a series of measures to minimize the impact of supply chain disruption

“As the probability of this risk has increased, the Group has implemented a series of measures to minimize the impact of supply chain disruption.”

The pizza chain – the largest in the UK – refused to say how many tins it had stockpiled or how many warehouses this filled.

But their £7m could buy them 7,142,857 tins of Tesco tuna, costing 98p each.

Or it could have bought 20 million tins of Waitrose tomato puree, costing 36p each.

Jim Winship, director of the Pizza, Pasta and Italian Food Association, told The Sun lots of big chains are busy stockpiling.

'NOT SELF-SUFFICIENT'

He said: “We are not self-sufficient in food. Things like tinned tomatoes and tomato puree are imported mainly from Spain and Italy. Big chains will be stockpiling.

“The problem is for the smaller pizzeria – they will not have the space or money to stockpile.

“But we are not going to suddenly stop masking pizzas. Chefs in Britain are creative – they may just have to change their ingredients.”

A Department for Environment, Food and Rural Affairs spokesman said: “We have a highly-resilient food supply chain and consumers have access to a range of sources of food.

“This will continue to be the case when we leave the EU – and there will not be an overall shortage of food as a result of a no deal Brexit.”

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