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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.
Premier Foods has appointed PricewaterhouseCoopers to assist it in talks with lenders about a potential refinancing plan. PwC had been a retained advisor to the company for several years and was the obvious choice to help Premier engage with its banks to reset certain covenants, the manufacturing giant ...
Tesco is expanding its clothing business on to the Continent. Shoppers around the European Union will be able to buy clothing from the supermarket online from this month.
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