Stock Market News
Sainsbury products free from horsemeat, says supermarket
21-02-2013 13:35
| Add To Google +1 | Tweet |
British supermarket J Sainsbury said Thursday no horsemeat was found in its beef products following 250 tests in line with the Food Standards Agency (FSA).
The company's announcement came after a number of UK grocers were forced to recall beef-based meals containing horse DNA.
Tesco, Asda, Lidl, Waitrose, Iceland, Co-Op and Dunnes were among those told to withdraw items.
Sainsbury said it ensured quality control as through regular checks as it works alongside farmers.
"This is not just about our quality control measures," the company said in a statement.
"Our entire supply chain, from farm to store, is built around long-term sustainable relationships to offer you the best quality products at fair prices - the bedrock of the trust we know you place in us.
"We work closely with over 2,500 farmers who are part of Sainsbury's dedicated Farmer Development Groups and have invested over £40m in developing these relationships, as part of our commitment to double our sales of British food by 2020."
Shares rose 0.09% to 335.40p at 13:59 Thursday.
Last week UK's Downing Street criticised the reluctance of stores involved in selling the products to speak up about the affected goods, saying it "isn't acceptable for retailers to remain silent".
The scandal erupted last month when tests carried out in Ireland revealed that some beef products contained horsemeat.
RD
The company's announcement came after a number of UK grocers were forced to recall beef-based meals containing horse DNA.
Tesco, Asda, Lidl, Waitrose, Iceland, Co-Op and Dunnes were among those told to withdraw items.
Sainsbury said it ensured quality control as through regular checks as it works alongside farmers.
"This is not just about our quality control measures," the company said in a statement.
"Our entire supply chain, from farm to store, is built around long-term sustainable relationships to offer you the best quality products at fair prices - the bedrock of the trust we know you place in us.
"We work closely with over 2,500 farmers who are part of Sainsbury's dedicated Farmer Development Groups and have invested over £40m in developing these relationships, as part of our commitment to double our sales of British food by 2020."
Shares rose 0.09% to 335.40p at 13:59 Thursday.
Last week UK's Downing Street criticised the reluctance of stores involved in selling the products to speak up about the affected goods, saying it "isn't acceptable for retailers to remain silent".
The scandal erupted last month when tests carried out in Ireland revealed that some beef products contained horsemeat.
RD
| Related share prices |
|---|
| Sainsbury (J) (SBRY) share price |
Stock News is provided by Digital Look Corporate Solutions from Sharecast news. Please read the terms and conditions of useage of this data. Republication or redistribution of content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Digital Look Ltd.
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- UK 100 Shares
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways share price
- Centrica share price
- Tesco share price
- National Grid share price
- RBS share price
- GSK share price
- Marks and Spencer
- Rolls Royce
- Banco Santander price
- Direct Line
- Rio Tinto share price
- Amec Share price
- Corac share price
- Lookers
- Telecom plus
- Kier share price
- Punch taverns
- Blinkx share price
- Tan share price
- Yell share price
- Rsa share price
- Pendragon share price
- Logica share price
- Bat share price
- Sky share price
- Kingfisher share price
- Dragon Oil share price
- Desire Petroleum share price
- RRL share price
- BPC share price
- VOG share price
- SAR share price


Prices

