UK milk supplier issues price warning

A company that supplies a third of the fresh milk consumed in Britain today warned it would increase the farm-gate price of its produce this winter.

UK milk supplier issues price warning

A company that supplies a third of the fresh milk consumed in Britain today warned it would increase the farm-gate price of its produce this winter.

Robert Wiseman, which operates from seven dairies across the UK, said it would put the price up to ensure the long-term supply of milk for its customers.

The supplier, which earlier this year signed a major deal with The Co-operative Group, has come under pressure from surging diesel and raw material costs.

The price warning comes as research from the British Retail Consortium showed a surge in food prices in June, piling more pressure on consumer spending power.

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