Brexit is a sweet re­sult for Tate

The Wharf - - The Week -

“For us, leav­ing the EU is the big­gest op­por­tu­nity of our life­time.”

So se­nior vice-pres­i­dent of Sil­ver­town’s Tate & Lyle Ger­ald Ma­son, pic­tured, said this week.

The su­gar re­finer had been cam­paign­ing for the out­come after pro­tec­tion­ist moves by the EU made life for cane re­fin­ers harder in or­der to favour Europe’s beet re­fin­ers.

“We can be spend­ing as much as three mil­lion eu­ros in im­port tar­iff per ship,” he said. But there’s light at the end of the tun­nel, he added.

A Cater­pil­lar wheel loader moves raw cane su­gar for pro­cess­ing at the Tate & Lyle re­fin­ery

REUTERS

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