C&C warns of high inflation risk as Group posts net revenues 

The company expressed concerns regarding the impact of the rising cost of living on consumer spending as customers cut back.

Drinks company C&C Group posted net revenues 6% ahead of its pre-Covid levels for the four-month period between 1 March to 30 June.

In its trade update, the company it had reported "solid" results but warned of the impact of high inflation on demand.