News: The UK's Prince of Wales has criticised large supermarkets for exacerbating strains on 'battered' farmers in the country by pushing down prices and leaving them on the brink of poverty, Kam City reports. According to Prince Charles, farmers have been forced to act as a 'buffer' by assuming all the risk in times of crisis, while supermarket shareholders benefit from the situation. The prince, who made his comments in an article for Country Life magazine, has been a long-term campaigner for small farmers.
BMI View: The UK economic recovery is steadily gaining momentum following several quarters of anaemic growth. Stabilisation in the eurozone and an improvement in private sector confidence will pave the way for a recovery in global demand and international trade, which will bolster the UK economy in 2013 and have spillover effects on the country's food and drink industry.