UK: Lord Sainsbury under fire for GM profits
Critics of Lord Sainsbury, the Science Minster and a multi-million pound donor to the ruling UK Labour Party, have accused him of abusing his position to persuade consumers to accept genetically modified foods. Sainsbury, a known supporter of GM technology, has shares in Innotech - an investment firm with interests in several biotechnology companies - that rose in value from £26.9m (US$39.1m) in 1998 to £42.6m at the end of 2000, it was reported last night. Critics claim his shares in Innotech amount to a conflict of interests.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Danone's Q1: four things to learn
- Nestle Q1 update: four things to learn
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Interview: KP Snacks on growth strategy
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- PepsiCo affirms full-year target as Q1 hits mark
- Tyson to buy burger-to-entree firm AdvancePierre
- TreeHouse Foods sells soup, baby food units