Government launches Great British Food Unit to boost UK food exports
A Great British Food Unit has been established today to ‘turbo-charge’ UK food exports and support industry growth plans, like their target of increasing manufactured food exports to £6 billion by 2020.
From Weetabix to Rwanda, Cadbury chocolate fingers to the Bahamas and Yorkshire Tea to China, famous British brands are taking on the world. Today’s launch of the new Great British Food Unit will back industry targets to further boost exports and support even more British companies such as Taylors of Harrogate, Nestle and Mr Kipling export overseas potentially generating an additional 5,000 jobs in food and drink manufacturing.
The long term ambition of the new unit is to match France and Germany, which both currently export more than double the UK in terms of the value of food and drink. For the first time ever it will bring together experts in exports and investment from Defra and across Government to help even more businesses sell their world class produce around the globe.
The UK already has an international reputation for excellence and as a place to invest in. The unit will support further Foreign Direct Investment (FDI) into our food industry which stood at a record £60 billion in 2014 – nearly a third of all FDI assets in UK manufacturing.
Marking the launch of the Unit, UK breakfast cereal giant Weetabix, a success story for foreign investment, has pledged to source all of its wheat from local farmers, helping guarantee the quality of their wholegrain wheat, supporting our growing rural economy and protecting the environment.
Trade Minister Lord Maude said: “There is huge potential for the UK to substantially increase its exports in the food and drink sector, with the UK home to many iconic food brands. This new Unit will help UK businesses sell their high quality produce around the globe, boosting exports and helping create more jobs.”
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