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Birmingham Post
Birmingham Post
Business
Jon Robinson

Food giant Princes cut 300 jobs as sales and profits fell back from lockdown high

Food giant Princes cut more than 300 jobs during its latest financial year, new documents have revealed.

The Liverpool-headquartered company, which is based at the city's iconic Royal Liver Building, said the reduction in its headcount from 6,779 to 6,475 was as a result of site closures.

The newly-filed documents with Companies House also show that revenue at the business, whose licenced brands include Branston, Batchelors' and Flora, was cut from £1.558bn to £1.435bn in the 12 months to March 31, 2022.

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