Sainsbury’s invests £60m in lowering prices to tackle cost pressures
Retailer Sainsbury’s has invested over £60 million in lowering prices for its customers since March 2023, according to its Q1 trading statement.
IGD forecast suggests food and drink market recovery by 2025
The total UK food and drink market is predicted to be worth £315.2bn by 2028, experiencing a growth of 19% from 2023 (£265 bn).
Tesco reports strong sales both in-store and online
UK supermarket Tesco has released its 2023/24 trading statement, reporting a strong market share at 27.1% and particularly strong sales in their large stores.
UK food manufacturers to benefit from new FTAs, says FDF
The UK food industry is poised to reap “substantial benefits” from new free trade agreements (FTAs) with Australia and New Zealand, says the FDF.
