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07/11/2014

FWD highlights the power of wholesale

Wholesaler_LandingThe Federation of Wholesale Distributors has released a report by Capital Economics which emphasises the great contribution made to the UK economy by the wholesale sector.

‘The Whole Story: Wholesale Distribution, The High Street, Consumers and the National Economy’ demonstrates that FWD members collectively turn over £30bn, employ 66,000 people, serve 400,000 businesses and pay nearly £460m of tax each year.

The report, which was presented to Defra minister, George Eustice on November 4th, reinforces the value of wholesale and how the sector supports small businesses, enterprise which FWD CEO James Bielby describes as ‘the lifeblood of the UK economy.’

 

Source: http://www.thegrocer.co.uk/channels/wholesalers/fwd-new-report-shows-value-of-wholesale-to-the-economy/373100.article

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