Advertisement
UK markets closed
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • FTSE 250

    19,884.73
    +74.07 (+0.37%)
     
  • AIM

    743.26
    +1.15 (+0.15%)
     
  • GBP/EUR

    1.1698
    +0.0005 (+0.04%)
     
  • GBP/USD

    1.2617
    -0.0006 (-0.04%)
     
  • Bitcoin GBP

    55,218.86
    -794.98 (-1.42%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • CAC 40

    8,205.81
    +1.00 (+0.01%)
     

UK pub chain snubs French Champagne ahead of Brexit

LONDON (AP) — A major U.K. pub chain will stop serving French Champagne and German wheat beers next month and offer more British drinks to prepare for the country's departure from the European Union.

Tim Martin, the founder of the JD Wetherspoon chain and a strong advocate for Brexit, says the aim is to make the business more competitive for when Brexit becomes a reality.

As part of the EU, there are no tariffs on EU goods entering Britain. But that could change if Britain exits the EU customs union when it leaves the bloc.

Martin says his company should make the most of "big marketing opportunities for U.K. and non-EU producers" that will result from Brexit.

ADVERTISEMENT

Wednesday's announcement coincides with the British Parliament's frantic discussion over legislation preparing the U.K. for Brexit.

See Also: