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Iceland gives £10m to build new dementia research facility at ¹û¶³Ó°Ôº

26 March 2018

The Iceland Foods Charitable Foundation (IFCF) has today fulfilled its pledge to donate a total of £10 million to support the development of the Hub of the new UK Dementia Research Institute at ¹û¶³Ó°Ôº, a year ahead of schedule.

Iceland Sir Malcolm Walker and Provost

Iceland has raised these funds through the sale of 5p single-use carrier bags in Iceland stores across the UK and through the generosity of its people, customers and suppliers. An initial gift of £3 million was made in January 2017 and the balance of £7 million was presented to ¹û¶³Ó°Ôº today.

Iceland Foods Founder and Executive Chairman Sir Malcolm Walker has played a leading role in raising a total of £20 million for dementia research at ¹û¶³Ó°Ôº as the founder of the Dementia Research Retail Partnership. The partnership is a group of nine UK retailers who committed to support dementia research at ¹û¶³Ó°Ôº following the introduction of the carrier bag levy in October 2015. The other members are Asda, Waitrose, Morrisons, WHSmith, Farmfoods, Booths, Poundland and HSS Hire.

Sir Malcolm Walker said: "At Iceland, we have been fundraising for dementia research for several years, and I am delighted we have been able to do so much to help improve understanding of the condition as well as raising substantial sums of money to help find a cure. This is a cause immensely close to my own heart, and those of my customers and colleagues. There is hardly a family in the country that has not been affected by dementia and by partnering with ¹û¶³Ó°Ôº, I know we are fighting for a future in which no life is blighted by this devastating disease."

Professor Michael Arthur, ¹û¶³Ó°Ôº President and Provost, said: "We are delighted that Sir Malcolm and Iceland have made this very generous donation to dementia research at ¹û¶³Ó°Ôº. Iceland's own strategic philanthropy, and Sir Malcolm's key role in establishing the Retail Partnership, have been a real catalyst for change and central to making the Hub of the UK Dementia Research Institute a reality. ¹û¶³Ó°Ôº is already - and as the Hub will continue to be - at the forefront of research into treatments and cures for dementia. As we lead a grand coalition of universities, charities, and industry partners, we have the opportunity to be truly transformational and to make real progress in the battle against this devastating disease."

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  • Iceland Foods Founder and Executive ChairmanÌýSir Malcolm Walker and ¹û¶³Ó°Ôº President & Provost Professor Michael Arthur

Media contact

Bex Caygill

Tel:Ìý+44 (0)20 3108 3846

Email: r.caygill [at] ucl.ac.uk