British Poultry Industry Continues Strong Growth

 Breaking News
  • European Commission Clears Bayer’s Acquisition of Monsanto The European Commission has approved under the EU Merger Regulation the $62.5 billion acquisition of Monsanto by Bayer. The merger is conditional on the divestiture of an extensive remedy package, which addresses the parties’ overlaps in seeds, pesticides and digital agriculture. Commissioner Margrethe Vestager, in charge of competition policy, says: “We have approved Bayer’s plans to [...]...
  • Management Plan to Fortify Fishing Sector in Western Mediterranean Sea The European Commission has proposed a multi-annual plan for fish stocks in the western Mediterranean Sea. The proposal covers demersal fish stocks, ie fish that live and feed at the bottom of the seabed, and bring a significant income to the fisheries sector in the region. According to the latest data, it is estimated that in 2015, [...]...
  • Major International Summit in Belfast to Tackle Escalating Problem of Food Integrity Food-security experts from all over the world will converge on Belfast from 28-31 May 2018 for a major Summit on how to feed a growing global population – amid massive challenges such as climate change, Brexit, labyrinthine food-supply chains and food fraud on a global scale. The Belfast Summit on Global Food Integrity will be chaired by Professor Chris Elliott [...]...
  • Cargill’s Launches De-oiled Rapeseed Lecithin Products In response to growing consumer demand for label-friendly ingredients, Cargill is introducing a new range of de-oiled lecithin products to complete its portfolio of GMO and non-GMO lecithin products.  A first to market in Europe, Cargill’s de-oiled rapeseed lecithin products help bakery and snacks manufacturers deliver the recognizable ingredient label that consumers want, at an [...]...
  • Tetra Pak Scoops Top Award For Manufacturing Excellence Tetra Pak’s packaging material factory in Izmir, Turkey, has received the world’s top award for manufacturing excellence. In doing so, it becomes only the 22nd factory worldwide to win the prestigious award in more than 40 years. Appraised by the Japan Institute of Plant Maintenance​, the World Class Total Production Maintenance (TPM) Award is presented to facilities that [...]...

British Poultry Industry Continues Strong Growth

British Poultry Industry Continues Strong Growth
July 08
09:06 2015

The British poultry meat industry’s contribution to UK GDP has increased by 9% over the last year, up from £3.3 billion to £3.6 billion, according to a new analysis by Oxford Economics. ‘Economic Impact of the British Poultry Meat Industry 2015’, commissioned by the British Poultry Council, tracks the growth of the industry over the past year. Compared to last year, UK sales have increased in value by 13%, up from £6.1bn to £6.9bn, with exports also up 6.6% from £286m to £305m.

The increase in production is good news for UK plc. Contribution to UK GDP is up, and tax receipts are up by 10%, £1.1 billion compared to £1billion. The number of jobs the industry supports has also increased by more than 8%. The industry now employs 79,300, compared to just 73,200 a year ago, both directly and through its wider supply chain.

BritishPoultryCouncilLogoBPC chief executive Andrew Large comments: “Our annual report is a timely reminder of the importance of the poultry meat industry to UK plc, supporting tens of thousands of jobs and contributing £ billions to UK GDP. We are delighted the industry keeps going from strength to strength.”

He continues: “There are significant opportunities in both domestic and export markets and we look forward to working with government to realise these potential opportunities. Key to catering to this demand will be the industry’s ability to upgrade its capital assets. That’s why we have written to the Chancellor and asked him to consider maintaining the annual capital investment allowance in plant and machinery at its current level as part of his Summer Budget next week. We appreciate there are many demands on public finances, but this would make a huge difference to the industry and help it increase its contribution to UK GDP even further.”

About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 28, 2018FOOD INDUSTRY
  • April 4, 2018The leading event for the snack and food-on-the-go market
  • April 5, 2018Slow food The forum for good taste
  • April 10, 2018EXPO XXI Warsaw International Expocentre
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here