Written Question·Department for Business and Trade·UIN 11619
Groceries Code Adjudicator: Finance
Tabled: 29 October 2024
Answered: 5 November 2024
Named DayQuestion
Josh Newbury
Labour — Cannock Chase
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential merits of lowering the turnover threshold of £1 billion for businesses that are required to fund the Groceries Code Adjudicator.
Answer
Justin MaddersThe Groceries Code Adjudicator (GCA) is currently funded by an annual levy on the 14 large retailers that are designated under the Code by the Competition and Markets Authority (CMA). The CMA assesses annually whether retailers which have a turnover excee...
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