Kemi Badenoch hails festive gross sales spike for UK booze producers after CPTPP win | Politics | News | EUROtoday

Britain’s alcohol and cholocate firms have had a merrier Christmas than ordinary, after gross sales to international locations within the UK’s newest commerce partnership soared.

Sales of Christmassy treats, together with chocolate, gin, whisky and glowing wine, are up “significantly” this yr after Britain joined the landmark Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) commerce bloc.

The upbeat financial information comes due to the zero % tariffs levied on the festive tipples, granted by the UK’s newly-approved membership.

Britain joined the CPTPPa significant post-Brexit victory that sees the UK granted entry to £12trillion-worth of economies all over the world, together with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Speaking of her “delight” at becoming a member of the group of free-trading nations, Business and Trade Secretary Kemi Badenoch predicted it will give British companies “first-mover advantage in some of the fastest-growing markets in the world”, and would assist “jobs and economic growth right across the country”.