Katie Price has announced that her daughter Princess has qualified in a new career after the teen confessed that she "didn't pass" all of her GCSEs last summer.
23.01.2024 - 12:21 / manchestereveningnews.co.uk
Mr Kipling cakes and Lloyd Grossman sauces are among the branded products set to see price cuts in the coming weeks.
Food producer Premier Foods, the company behind brands including OXO, Ambrosia and Sharwoods, has pledged to reduce prices across more ranges as it passes on lower costs.
In a trading update this morning, chief executive Alex Whitehouse confirmed the group will extend price cuts to ranges such as Loyd Grossman cooking sauces and Mr Kipling Bakewell slices over its fourth quarter to the end of March.
READ MORE: Supermarket scraps its cheapest tea bags leaving shoppers with 24% price hike
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Towards the end of last year, the firm began lowering prices on other major branded products including Batchelors Super Noodles and some Mr Kipling slices thanks to falling cost inflation. Premier said this helped boost its performance in the last quarter, with group sales up 14.4 per cent in the three months to December 30.
Mr Whitehouse said: “The lower promotional price points we introduced in the third quarter have positively impacted performance while also helping consumer budgets go further. These lower prices will be extended to additional products such as Loyd Grossman cooking sauces and Mr Kipling Bakewell slices in quarter four.”
The news offers further signs that food inflation is now easing after last year’s painful increases, which saw prices rise at the fastest pace for more than 45 years. Official figures showed wider UK food price inflation fell back to 8 per cent last month, down from 9.2 per cent in November and the lowest rate since April 2022.
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