Faccenda welcomes new research revealing poultry industry contributes £3.3 billion to UK plc

April 25th, 2014

The British poultry meat industry contributes £3.3bn gross value added contribution to UK GDP and supports 73,200 jobs, new research by Oxford Economics reveals. Faccenda is one of the leading businesses in the sector with £400m turnover and 3000 people working across the UK, including 1000 at its site in Brackley, where is has been a major provider of jobs for the local community for over 40 years. ‘Economic Impact Assessment: the British Poultry Industry 2013’ is the first analysis of its kind to be undertaken in the UK and fully charts the economic contribution of the British poultry meat industry to UK PLC. The report was commissioned by the British Poultry Council, the trade body for the British poultry meat industry, and will be conducted annually to act as a benchmark for the industry and the economy as a whole. The report shows that for every £1 billion it contributes in gross value add, the poultry industry generates a further £1.3 billion to the rest of the UK economy. In total, the industry supports £1bn in total tax payable to the Exchequer[1]. According to the analysis, British consumers buy more poultry than any other meat. By weight, poultry makes up around half of all meat purchased in the UK. Poultry also offers a cross-effective source of protein – since 2008, with an increase of just 23%, poultry prices have risen much more slowly than beef (51%) and lamb (54%) prices and more slowly than food prices in general (29%). The average household spent £2 per week on fresh, chilled or frozen poultry in 2010. The report also shows that for the 34 major slaughter houses, processing and cutting plants that are members of the British Poultry Council, 27 are in England. They are concentrated in the East and West Midlands and the East of England. Faccenda has factory operations in Brackley, Telford, Scropton, Dudley and Abergavenny. [1] The figures are for 2012 and based on annual sales of £6.1bn. Andy Dawkins, Managing Director of Faccenda, said:
“As a leading local employer, we play a critical role in supporting the wider UK poultry industry. Chicken remains the UK’s favourite meat, with millions of families enjoying the convenience, versatility and quality and of our produce on a regular basis. At Faccenda we are committed to supplying a healthy and innovative range of food to our consumers at an affordable price every day.”
Commenting on the report, Minister for Farming, Food and Marine Environment George Eustice MP said:
“The poultry meat industry is very important to Britain. Poultry is an affordable and tasty source of protein enjoyed by families across the country. It is more popular than beef, lamb and fish combined, and has become increasingly popular in recent times. “But the poultry meat industry is important not just because of the food it provides to our nation. As detailed throughout this report, the industry is a significant contributor to UK growth and skills.”

 -ENDS-

  Media contact For British Poultry Council inquiries, please contact: Ailsa Logan – 020 7400 4480 or bpc@hanovercomms.com For Faccenda inquiries, please contact Aimee Bateas – 020 7400 8944 or Faccenda@hanovercomms.com
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