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Rising costs hit margins at Cranswick in the past six months, the pork supplier confirmed yesterday. The Tesco and Sainsbury’s supplier said pre-tax profits for the six months to 30 September were down from £23.8m last year to £18.5m.
Inflation slowed in October, according to the latest government figures. The Office for National Statistics today said its Retail Price Index measured inflation at 5.4% in October, marking a slight easing from the 5.6% rate seen the month before.
One of the world’s leading fmcg companies has accused retailers of devaluing major branded product launches by subjecting them to savage price promotions as soon as they hit shelves.
Delivering sustainable organic growth is an ongoing challenge for most businesses
Overall food and drink exports from the UK were down 4.4% to £12.3bn
Chichester Crown Court heard that contractor Bradley Watts was lagging pipes in the loft space of the company’s Chichester site when he was electrocuted in June
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