French bakery chain Paul has started stockpiling food from France ahead of potential no deal Brexit
French bakery chain Paul has started stockpiling food from France in case Britain exits the European Union without a deal.
Directors of Paul UK, which has more than 30 cafes, said: ‘The potential No Deal Brexit represents a significant risk for the company.
‘To be prepared for possible supply chain difficulties and delays, the company has decided to increase stock levels of certain goods imported from France.’
The family-owned firm, founded near Lille in 1889, is also known for its croissants and cakes
Paul’s baguettes are made from flour milled for it in France, with a loaf taking seven hours to mix, ferment, proof and bake.
The family-owned firm, founded near Lille in 1889, is also known for its croissants, cakes and brioches.
The group is continuing to expand in the UK, with the first Paul Express opening last year in St Pancras, and two more set to open this year.
The outlets focus on faster service and takeaway food, including porridge, sausage rolls and soup.
Accounts just filed for the year to December 31, 2018, show Paul UK increased its turnover by 7 per cent to £38 million, while pre-tax losses shrank to £469,000.