Daily Newsletter

15 April 2024

Daily Newsletter

15 April 2024

Tesco launches dedicated page to champion British produce

The Best of British page offers more than 500 British products including fruits, vegetables, meat, fish, eggs and dairy.

Luke Martin April 12 2024

Supermarket giant Tesco has announced the launch of a new online initiative – the Best of British page – to promote and simplify access to British-grown and produced food for its customers.

The move underscores Tesco’s commitment to supporting British agriculture and strengthens its partnerships with domestic farmers.

The page on Tesco’s grocery website offers a curated selection of more than 500 British products encompassing fruits, vegetables, meat, fish, eggs and dairy.

It features hundreds of locally sourced items, enabling customers to make informed choices that directly benefit British farmers and suppliers.

Beyond simply product selection, the page provides recipe inspiration, featuring traditional British favourites such as spring potato salad and apple and berry crumble.

Tesco’s Best of British initiative comes amidst ongoing challenges faced by British farmers, including inflation and difficult weather conditions.

Tesco has a long history of supporting its agricultural partners. In 2023 and 2024 the company has provided an additional £75m ($93.7m) to beef, lamb, pork, chicken and egg farmers.

Sustainability is another key focus area for Tesco. The company has established Sustainable Farming Groups for sectors including beef, lamb, dairy and cheese. The groups foster knowledge sharing and collaborative innovation to enhance animal welfare, minimise on-farm emissions and protect biodiversity.

Tesco has also launched the Future Farmer Programme in partnership with Harper Adams University. This multi-year programme aims to equip upcoming generations of farmers with the skills and knowledge necessary to implement sustainable agricultural practices within Tesco’s supply chains.

“Supporting British farmers, growers and suppliers remains critical to ensuring we have a robust food industry here in the UK, and we count ourselves as proud champions of British agriculture, striving to source produce from the UK wherever possible,” stated Tesco’s chief commercial Officer Ashwin Prasad.

Tesco will continue to make identifying British products easier for customers. This will be achieved through in-store signage, product labelling and distinctive packaging featuring Union Jack flags to highlight origin.

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ICT Solutions in the Retail Banking Sector

Per GlobalData, the global retail banking sector ICT market was valued at US$213.98 billion in 2022 and is expected to grow at a CAGR of ~14% by 2027. Leverage our latest report to identify the most lucrative IT solution for ICT in the retail banking sector by reviewing their current contribution to the overall ICT in the retail banking sector and their expected input towards the market growth over the next 5 years, while also determining the geographies/countries that would support the ICT market in the retail banking sector.

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