Food and drink manufacturers defied Coronavirus to keep Britons fed during the first half of 2020, new research from Santander and the Food and Drink Federation (FDF) reveals, but the sector continues to face significant headwinds as it battles the pandemic.
The FDF’s Food and Drink Industry Report 2020 warns that business confidence in the sector plunged to a record low in the second quarter of the year. While higher domestic retail sales – up 51% in the second quarter – provided a boost, the industry was hit by a 90% fall in sales in the…
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