Lidl GB has unveiled plans to invest £4 billion in British food businesses in 2023, as the value supermarket cements its support for suppliers across the country.
This accelerates initial spending plans unveiled in 2019, which saw the German retailer commit to a five-year £15 billion investment in the British Food Industry from 2020 to 2025, with the figure now expected to hit £17 billion.
Since March 2020, the discounter has invested £10 billion, and in 2022 almost £500m worth of exports from British suppliers went to other Lidl markets, helping them to open up additional revenue streams and grow their businesses in a challenging macroeconomic environment.
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