Why HSBC for Agrifoods?

Specialists

In-depth sector knowledge

With a long history in the sector, we support companies across the whole food chain. We work with our local relationship directors to share our knowledge, leveraging our global network and range of banking solutions to support our clients’ ambitions.

Global focus

Adapting to a changing environment

We understand how our customers at home and abroad are increasingly influenced by global factors. We help them adapt to demographics, buying patterns, and eating  habits, overcome challenges and access new opportunities.

Network

The right connections

As part of our wider support, we provide access to expert insights including two recent in-depth reports produced in collaboration with University College London and Harper Adams University. We’re also a proud sponsor of the City Food & Drink Lecture.

Allan Wilkinson

Allan Wilkinson

Head of Agrifoods

Allan is a dairy farmer’s son from North Yorkshire. A graduate in Agriculture from Aberystwyth University, he started his career working for the Milk Marketing Board’s Farm Management Services in Leicestershire, before joining the Agriculture team at Midland Bank in 1988. Allan was appointed Head of Agriculture for HSBC in 2010. As Head of Agrifoods, he has led our UK sector specialism for the whole food chain since 2015.

Allan has sat on a number of industry bodies and is currently Trustee of The Prince’s Countryside Fund and Chair of the Farm Advisory Group, a Liveryman of The Worshipful Company of Farmers and a Fellow of the Royal Agricultural Societies.

Agrifoods insights

Report: The move to net zero and sustainability

This research paper by Harper Adams University explores the key factors for the food industry in the transition to a net-zero economy from the perspective of the UK Government, the sector and the consumer.

Towards net zero in UK agriculture

Our partnership with UCL’s Institute for Sustainable Resources explores sector decarbonisation pathways, providing the insights and practical guidance that different sectors need to embark on and pursue their net zero journeys. You can read a summary of the Agriculture sector report at the link below:

Is food inflation now a permanent feature in the UK?

In this article, our Head of Agrifoods, Allan Wilkinson, explores the ongoing factors behind persistent food inflation in the UK, from climate change and geopolitics to labour cost increases, and the impact this will have on trading in the future.

Information correct as of 14th September 2023

Focus on ESG

Today we finance a number of industries that significantly contribute to greenhouse gas emissions. We have a strategy to help our customers to reduce their emissions and to reduce our own. For more information visit www.hsbc.com/sustainability

Flexing to meet volatile conditions: Anglia Maltings

Food processing and manufacturing companies have been facing serious challenges in recent years, notably surging commodity and energy prices. To deliver the appropriate finance for these businesses in such volatile times requires deep knowledge and a passionate commitment to the sector, as HSBC UK’s support for Anglia Maltings demonstrates.

Finding the right flavour of growth finance for Pasta Foods and Snack Creations

Two food manufacturing companies under the same ownership; two very different needs. Snack Creations needed to finance transformational growth; Pasta Foods had to ensure appropriate levels of working capital during a period of high inflation. After a five-year courtship, HSBC UK delivered a finance package for both of them.

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