Lidl to invest £15bn in UK supply chain over next five years
Lidl has committed to investing £15bn into UK businesses over the next five years, as the discounter aims to provide suppliers with “support and ability needed to invest and grow”.
The discounter announced this morning that it would be investing £15bn into UK food, farming and production over the next five years and also pledged to increase sales of British sourced meat, poultry and fresh produce by 10% within the next year.
The retailer said it would introduce longer-term contracts for suppliers and offer a new young farmers programme to “offer support for new talent in the British farming industry”.
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