Home Economy Firm behind UK's largest vertical farm goes bust

Firm behind UK's largest vertical farm goes bust

by Amy
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The company behind the UK's biggest vertical farm has gone into administration and made 61 people redundant.

The Jones Food Company ran indoor farms in Scunthorpe and Gloucestershire but has gone bust after failing to find new investors. Unless a new company takes over the running of its farms, they will close.

A vertical farm can grow salad and herbs three times as fast as traditional outdoor agriculture thanks to special lights and a humid atmosphere.

Grocery firm Ocado was a major shareholder in Jones Food but confirmed it did not want to grow its stake.

In a statement, a spokesperson for Ocado said its "thoughts were with everyone involved with the company".

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