Profits at Walkers Shortbread crumbled last year after the company was hit by rocketing wholesale butter prices. The Moray-based producer of shortbread, biscuits, cakes and oatcakes saw pre-tax ...
The supermarkets have all reduced its salted and unsalted butter prices from £1.99 to £1.89 for 250g packets. Wholesale food prices have been falling globally, but UK food inflation is at its ...
Milk prices have soared too as have wages, interest rates, fuel and transport — all price inputs for butter. Butter imports from Belarus are not sufficient so Russia is expecting a big shipment ...