Dairy Crest warns of price rises

Cathedral City and Clover group Dairy Crest says more price increases are on the way as it battles to offset soaring costs.

The firm said it would hike prices “as necessary” to combat rising fuel, energy and commodity cost pressures. Dairy Crest has passed on many of its higher overheads to consumers after milk costs rose by a third on last year, and confirmed it hoped to match its expectations for full year results, although it will take an “exceptional”