This accelerates initial spending plans announced in 2019, which saw Lidl GB commit to a five-year £15 billion investment in the British Food Industry across FY20 – FY25, with the figure now expected to hit £17 billion.
The discounter has long championed British food and farming and over-trades in British meat, poultry and eggs – currently holding the largest market share in volume of fresh British pork. Sourcing two-thirds of its core produce from the UK, Lidl GB works directly with over 650 suppliers across the country, giving them unrivalled access to local and international markets.
Ryan McDonnell, CEO at Lidl GB, said: “The farmers and producers that supply us, some of which have been with us for decades, are paramount to the success of our business. We see them as partners in our mission to provide households with high quality affordable produce, and for many, working with Lidl GB and being part of our growth has opened opportunities for their own expansion, both here in the UK and across the globe.”