Get all your news in one place.
100's of premium titles.
One app.
Start reading
Daily Mirror
Daily Mirror
Business
Sam Barker

Mr Kipling owner hikes cost of cakes amid cost of living crisis as inflation soars

Mr Kipling cakes owner Premier Foods is raising prices amid a cost of living crisis pushing up household food bills.

The group - which also owns brands such as Oxo cubes, Sharwoods and Ambrosia - said the Ukraine war was pushing up prices of many of its ingredients, including wheat and dairy, while fuel and energy costs are also rocketing.

The UK rate of inflation has soared to 9% - a new 40-year high - as the cost of living continues to spiral.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.