Food industry responds to General Election results
As the UK welcomes the new Government following the General Election, members of the food industry have commented on the results.
University purchases £16m farm as part of food research investment
The University of Reading has completed the purchase of land at Tanners Farm, Farley, valued at around £16 million.
Sainsbury’s reports “biggest market share gains” of any grocer
Sainsbury’s has reported “strong sustained grocery momentum” with a second year of volume growth for the 16 weeks to 22nd June 2024.
Food inflation at lowest rate since 2021, BRC finds
The British Retail Consortium has revealed that food inflation rates are at their “lowest levels” since 2021.
Asda achieves its highest online grocery market share
Asda has announced that it achieved “record online grocery sales” in 2023, ending the year with its “highest ever” share of 20.8%.
Bidcorp UK buying group arm acquires Turner Price
Bidcorp UK’s independent buying group arm Caterfood Buying Group has acquired food wholesaler Turner Price.