Tuesday 29 September at 5pm
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.
Strong performances in the UK and Poland helped Carlsberg gain market share in Western Europe over the third quarter. But profits for the year to 30 September still fell by 12%, the Danish brewer announced today, as the overall beer market in Europe continued to decline.
Independent retailers have urged the Chancellor to step in before next year’s hike in business rates brings about job losses in the convenience sector.
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