For Pooch & Mutt, the U.K.'s hesitation by the Brexit door is more than an annoyance; it's costing real money.
The British maker of superfoods for pets built up about GBP400,000 ($520,000) worth of extra product as it prepared for the potential disruption of a no-deal Brexit on March 29 and then on April 12. Now that the split has been delayed a second time, the supplier to Waitrose supermarkets, grocer J Sainsbury Plc, and Pets at Home Group Plc needs a loan to cover the cost of its stockpile.
“It just screws us,'' said founder Guy Blaskey, saying the storage expense means less money to hire staff. “Until we know what's going on, we need to keep our stock levels high.''
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