50% of UK food and drink businesses plan to limit investment in 2024, per FDF's report, highlighting a 30% decline in manufacturing investment since 2019.
50% of UK food and drink businesses plan to maintain subdued investment levels in 2024, according to the Food and Drink Federation (FDF). The FDF's State of Industry Report (Q1 2024) reveals that investment in food and drink manufacturing has fallen by 30% since 2019, contrasting with a 5% growth in the rest of manufacturing. The FDF calls for more collaboration with the UK government to unlock private investment, critical for stimulating growth and safeguarding long-term food security.
May 20, 2024
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