Co-op claims to be the 'only national UK grocer to switch to 100% British fresh and frozen own-brand protein'.
The Government must look again at the impact of the Inheritance Tax changes and reconsider. That was the message from Co-op food managing director, Matt Hood. He said while the retailer was aware 'tough choices' needed to be made, many of which have the potential to impact 'many businesses across all sectors', Co-op has requested for the Government to 'look again' at the impact of the IHT proposals.
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Supporting British farming
Mr Hood said: "We have also agreed to sign the UK Farming Unions letter going to the Government imminently, to call for a reconsideration of the proposed tax changes."
In a statement, he said: "Co-op is a long-term supporter of British farming. Indeed, we were the first and, at the time, only national UK grocer to switch to 100% British fresh and frozen own-brand protein, including when used as an ingredient in all our products – a commitment we continue to stand by today, and not a claim many others can make.
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Industry challenges
"By working so closely with British farmers, we know as an industry, they are facing many challenges, and we have seen first-hand the fear, anxiety and anger currently being felt.
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"Farmers are the absolute backbone of the UK's food supply, and supporting UK agriculture is more important than ever. We will continue our long-term, significant commitment to the industry, investing and spending hundreds of millions of pounds every year on protein, produce and dairy, ensuring our members and customers can carry on buying the multitude of amazing quality British products in our stores."
