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Farmers: Income

Asked by Josh NewburyLabourDepartment for Business and TradeTabled Answered 16 December 2024UIN 19467

The question

To ask the Secretary of State for Business and Trade, pursuant to the Answer of 5 November 2024 to Question 11619 on the Groceries Code Adjudicator: Finance, if his Department will make an assessment of the potential impact of the £1 billion turnover threshold on farmers.

Answered by Justin Madders

The Competition and Markets Authority (CMA) is responsible for monitoring effectiveness of the Groceries (Supply Chain Practices) Market Investigation Order 2009 in ensuring that businesses, including farmers, that supply groceries directly to designated retailers are treated lawfully and fairly. This includes the £1 billion threshold at which a retailer can be designated by the CMA.

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