Archives for August 3, 2010

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Premier Foods: ‘Open-minded’ about disposals

By Elaine Watson

Premier Foods remains ‘open-minded’ about selling off assets to pay off debts, bosses have revealed as the firm released interim results broadly in line with expectations, but warned of rising cost inflation in the second half.

City: Inflationary spike could crank up pressure on bakers

By Elaine Watson

Higher energy and raw material prices coupled with fragile demand and weak retail pricing could put many food manufacturers – particularly bakers – under intense margin pressure this year, analysts are predicting.