British companies buckle up as Brexit deadline nears

(Reuters) – British Prime Minister Boris Johnson is trumpeting a newly minted Brexit deal with EU leaders but now needs backing from the UK’s divided parliament in a vote set for Saturday.

Three years after Britons voted to leave the EU, companies are surveying their contingency plans as potential Brexit looms and with it the risk of delays at ports, supply chain disruptions or labor shortages.

The following are the latest Brexit comments from British companies this week (in alphabetical order):

For more on how major sectors are preparing for Brexit, double click:

Bellway Plc (L:)

The housebuilder said it had been in close contact with its supply chain partners over last year to reduce any risks to its business.

Domino’s Pizza Group Plc (L:)

Britain’s biggest pizza delivery company said it has four to eight weeks worth of inventory of ambient and frozen food products.

Marston’s Plc (L:)

The pub group, which imports a significant amount of food and some beers, wines and spirits from Europe, said it was prepared for a potentially chaotic Brexit and that it had implemented contingency plans to ensure a smooth Christmas trading period, including identifying potential suppliers from outside Europe.

Secure Trust Bank Plc (L:)

The lender said consumers and businesses were more cautious in taking loans ahead of the planned Oct. 31 deadline for Brexit, with the company recording slower demand in September.

WH Smith Plc (L:)

The retailer said it was prepared for Brexit and has put in place contingency plans to manage the impact, including increasing its stock of convenience products.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.