Retail

UK: Tesco announces new three year contracts worth £12m to help potato growers

Over the past two decades, the number of potato growers across the country has fallen by over 85 per cent from 14,000Tesco has announced it will issue contracts worth £12 million over three years to help support British farming. The retailer has become the first in the UK to introduce new long term contracts for potato growers and packers. According to Tesco, the contracts will “help to safeguard the future of UK farmers who supply the supermarket and provide customers with the best quality produce.” Through the Tesco Sustainable Farming Group – Potatoes (TSFG-Potatoes), growers are expected to benefit from smoother financial certainty, allowing them to invest more in their businesses. More

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