Food manufacturer, Premier Foods, has demanded payment from suppliers to guarantee continued transactions, according to the BBC.
Originally discovered by Newsnight, it has been reported that the manufacturer has received huge sums of money under a scheme referred to as ‘pay and stay’. In a statement Premier Foods, which produces brands like Mr Kipling, Ambrosia, Bisto and Oxo, said it was positive that the strategy was aligned with competition law rules. However,…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
