The Food and Drink Federation (FDF) director of competitiveness, Angela Coleshill, said: “Today’s announcement of a further £1bn through the regional growth fund could help food and drink businesses to realise their potential. Last December, we laid out our ambitious 20/20 Vision to grow our sector by 20% by 2020.
“Although challenging, we know that our sector not only has the appetite, but the ability to grow, particularly in a supportive business environment. Amongst other things, this funding could help businesses invest in the new infrastructure needed to meet overseas demand for great British-made brands, which in turn not only creates new jobs here in the UK, but also helps to safeguard existing ones.”
Source: FDF
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