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Bank claims: Retailers 'helping to reduce food waste'

Food stores are helping to reduce their customers' food waste and assisting them in saving up the pennies, which could go towards paying off loan charges and credit card claims, the Wrap Retailer Survey 2012 has found.

Currently, 47 per cent of all packages are re-sealable, which is helping members of the public to keep their items fresh.

Furthermore, labelling is making it clear that items can be frozen at any day up to the 'use-by' date, while 'display until' is now only utilised by a third of the products investigated.

Over 95 per cent of cheeses looked at in the study have a 'best before' date, compared with 2009, when 25 per cent had a 'use by' deadline although the product can be safely consumed after this time.

Smaller packs of cooking sauces, bread rolls, milk and potatoes are now available and it is hoped some of these moves will help to reduce the amount of edible food that is put in the rubbish every year, which is worth approximately £12 billion.

"We all want to reduce our waste, especially hard-pressed shoppers," British Retail Consortium director of food and sustainability, Andrew Opie commented.

John Fieldman
Having worked in the city for 19 years, John's main focus is interest rates and corporate finance.ADNFCR-2776-ID-801390247-ADNFCR



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