Groceries Code Adjudicator (GCA) Christine Tacon found that Britain’s biggest retailer had an endemic culture of making unilateral deductions from suppliers’ bills and delaying payments, including packaging firms – in
Tag "debt"
![Profits Plummet at Premier Foods](http://foodanddrinkbusiness.com/wp-content/uploads/2011/08/PremierBasketimage-505x306_c.png)
Premier Food, the UK’s largest food producer, has reported a 28.7% drop in trading profit to £67m for the first half ended June 25th 2011. Sales from ongoing business, excluding
![Shepherd Neame Reduces Debt as Trading Remains Strong](http://foodanddrinkbusiness.com/wp-content/uploads/2011/06/ShepherdNeameSpitfire-505x306_c.jpg)
Shepherd Neame, the Kent-based English regional brewer and pub owner, has now repaid and cancelled a further £1.25m of the £15m five year term loan that was taken out in
![Premier Foods Approached About Sale of Canning Operations](http://foodanddrinkbusiness.com/wp-content/uploads/2010/11/PremierBasketimage-505x306_c.png)
Premier Foods, the UK’s largest domestic food processor, has confirmed that it has received approaches regarding a possible sale of its East Anglian canning operations. Since its £1.2b acquisition of