James Cropper produces the paper which is used to make the Royal British Legion’s poppies each year
(Picture: PA Archive)Paper product manufacturer James Cropper has halved its forecasts for this year’s profits on the back of soaring energy and materials costs.
The company said its energy bills had increased by 148% compared to last year while at the same time, the cost of raw materials had been subject to “unprecedented inflationary headwinds”, rising 20%.
