Brexit food and medicine stockpiling on the rise

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Brexit food and medicine stockpiling on the rise

By Wale Azeez, business reporter

The number of UK residents preparing for Brexit by stockpiling food and medicines is on the increase, according to new analysis from retail industry researcher Kantar.

In an online survey concluded on Tuesday, nearly one in ten people said they have already stockpiled essential goods in preparation for the UK's departure from the European Union, currently scheduled for 31 October.

The proportion of stockpilers is up from 6% a year ago, when Kantar began tracking the trend.

Leavers and remainers alike are putting away goods in anticipation of shortages after Brexit, but with the latter more likely to at 31%, versus 21% of leavers.

This is up from 28% of remainers and 20% of leavers in August.

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Of the proportions of people who voted in the 2016 referendum, 10% of those who voted to leave have already stockpiled, against 12% of those who voted to remain. They represent 9% of all voters.

Liberal Democrat voters in the last general election, whose party has the clearest mandate to keep Britain within the EU, were the most likely to stockpile.

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A fifth (21%) of Lib-Dem voting respondents have, and an additional 14% said they were likely to stockpile essentials.

This compares with 10% of both Labour and Conservative voters who have stockpiled and the 20% and 16% respectively who are likely to hoard goods.

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