Uk Food Industry
Introduction
The UK food industry is one of the most important and well established sectors in the UK. It has been growing rapidly and very competitive. Because of the competitive market the retailers have developed good deals to UK customers, especially during the recession when people’s life style trends changed and started to consume more products from supermarkets.
PEST ANAYSIS
Political
Food industry in the UK provides many political and legal factors that can have affect on the food industry.
The food retail in the UK have the legislation based on food hygiene that they restricted to follow, which were set by European Union General Food Law Regulation and also the Food Standards Agency.
Health and Safety is an important duty that the supermarkets need to follow in condition such as use of machinery, transport of good and electrical equipment. These regulations had been set mainly by Health and Safety at Work Act 1974 and Workplace regulation 1992. The Competition in food industry is conducted by two government bodies, such as the competition Commission and The Office of Fair Trading. Their role is to control and observe the market in order to avoid monopoly, oligopoly. These two bodies have to make sure that these companies such as Tesco meets specified legislation to ensure that there is fair trade by following human rights. There are a significant number of people who are employed in retail industry. These companies are obligated with UK and EU legislation scheme Employment Act 2002, as it covers conditions of employment, such as to provide equal access to employment, treat everyone fairly and ensure that people who are disabled work in appropriate positions.
Economical
Supermarkets industry stays dominant in the UK, especially with the revenue growing even during the recession. This is because consumers changed their trend on instead of eating out they started to eat food at home as it is a cheaper way during the financial crisis. There have
The UK food industry is one of the most important and well established sectors in the UK. It has been growing rapidly and very competitive. Because of the competitive market the retailers have developed good deals to UK customers, especially during the recession when people’s life style trends changed and started to consume more products from supermarkets.
PEST ANAYSIS
Political
Food industry in the UK provides many political and legal factors that can have affect on the food industry.
The food retail in the UK have the legislation based on food hygiene that they restricted to follow, which were set by European Union General Food Law Regulation and also the Food Standards Agency.
Health and Safety is an important duty that the supermarkets need to follow in condition such as use of machinery, transport of good and electrical equipment. These regulations had been set mainly by Health and Safety at Work Act 1974 and Workplace regulation 1992. The Competition in food industry is conducted by two government bodies, such as the competition Commission and The Office of Fair Trading. Their role is to control and observe the market in order to avoid monopoly, oligopoly. These two bodies have to make sure that these companies such as Tesco meets specified legislation to ensure that there is fair trade by following human rights. There are a significant number of people who are employed in retail industry. These companies are obligated with UK and EU legislation scheme Employment Act 2002, as it covers conditions of employment, such as to provide equal access to employment, treat everyone fairly and ensure that people who are disabled work in appropriate positions.
Economical
Supermarkets industry stays dominant in the UK, especially with the revenue growing even during the recession. This is because consumers changed their trend on instead of eating out they started to eat food at home as it is a cheaper way during the financial crisis. There have