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Cranswick reveals boss lands £4.6m pay package amid pig farm abuse scandal

Cranswick reveals boss lands £4.6m pay package amid pig farm abuse scandal

Rhyl Journala day ago

In its annual report, the firm – Britain's largest pork supplier – said chief executive Adam Couch landed a £1.7 million annual bonus and potential long-term share awards worth £1.9 million, on top of his £847,400 salary in the year to March.
His total pay jumped 34% higher, up from £3.4 million in 2023-24.
The East Yorkshire-based group also revealed that Mr Couch saw his salary hiked by more than £127,000 to £974,600 on April 1 as part of a pay review.
Details of his pay and bonuses comes less than two months after abuse claims emerged against a pig farm run by the business.
The pork producer suspended using Northmoor Farm in Lincolnshire after covert footage emerged appearing to show workers at the site abusing piglets.
Workers were filmed appearing to hold piglets by their hind legs and slamming them to the ground, using a banned method of killing the animals known as 'piglet thumping'.
Major supermarkets Asda, Morrisons, Sainsbury's and Tesco suspended Northmoor Farm as a supplier, and Cranswick shortly afterwards launched an independent review into its animal welfare policies and livestock operations.
In its annual report on Friday, Mr Couch said: 'We have always placed the highest importance on animal health and wellbeing, and continuously aim to have the most stringent standards in the sector.
'We take seriously any instance, anywhere in our supply chain, where behaviour fails to meet those standards.
'We are therefore instigating a new, fully independent, expert veterinarian review of all our existing animal welfare policies, together with a comprehensive review of our livestock operations across the UK.
'We will provide a further update on this work in due course.'
On the chief executive's salary rise, the group's remuneration committee added in the report that there was 'very strong support' for the increase among shareholders.
It added that his base salary previously did not 'appropriately and fairly reflect Adam's extensive experience and his exceptional contribution to the impressive performance of the business'.
'We believe it is critical to take decisive action now to ensure Adam is appropriately incentivised and retained to deliver Cranswick's long-term growth ambitions,' according to the committee.
Cranswick's results last month showed record sales and profits for the past year.
The firm revealed revenues grew by 6.8% to £2.72 billion for the year to March, compared with the previous year, while pre-tax profits grew by 14.6% to £181.6 million.

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Six supermarket food swaps that could save you £430 a year – and you won't be able to taste the difference
Six supermarket food swaps that could save you £430 a year – and you won't be able to taste the difference

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timean hour ago

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Six supermarket food swaps that could save you £430 a year – and you won't be able to taste the difference

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Six supermarket food swaps that could save you £430 a year – and you won't be able to taste the difference
Six supermarket food swaps that could save you £430 a year – and you won't be able to taste the difference

The Sun

timean hour ago

  • The Sun

Six supermarket food swaps that could save you £430 a year – and you won't be able to taste the difference

SWAPPING branded products for supermarket-own brands can save you a whopping £430 a year. Some items are so similar you won't notice the difference. 13 Supermarkets are tight lipped over who makes their products. But industry insiders have told The Sun many of Britain's most popular food and drink brands also make own-brand items for supermarkets. Sometimes, factories will change recipes or ingredients to make cheaper versions for retailers like Tesco, Asda, Sainsbury's and Aldi. There's no way to tell for sure if the brands actually make the supermarket dupes because these are closely guarded trade secrets. But there are clues that show there's a good chance they do. Prices right at the time of publication. BRAND - Weetabix, £3.48 for 24 OWN BRAND – Asda Wheat Bisks, £1.90 for 24 Most read in Money 13 THE Weetabix design is patented, which means only the manufacturer of Weetabix is allowed to make cereal products in its special oval shape. So any supermarket own-brand products in the same shape will be made in a Weetabix factory, or one licensed by Weetabix. Asda's Wheat Bisks have the same patent number on the box as the original Weetabix. They contain the same amount of wheat, but more sugar (an extra 0.2 per cent). In taste tests, we couldn't tell the difference. A family buying a pack a week could save £82 per year by opting for own-brand. CHEESE – save £42 a year BRAND – Cathedral City Mature Cheddar, £2.93 for 350g (Asda) OWN BRAND – Aldi Emporium British Mature Cheddar, £2.79 for 400g (equivalent to £2.44 per 350g) 13 ALDI'S cheddar is made in the same dairy as Cathedral City, owned by dairy giant Saputo. It's hard to tell the difference between the budget supermarket's award-winning own-brand cheese and the more expensive branded version. All dairy products sold in the UK and Europe must be stamped with a code showing where they were produced – so it's easy to compare your favourite brand with a supermarket version and see if it's worth swapping. If your household goes through 350g of cheddar cheese every week, you could save £25 per year by swapping to the Aldi version. BEER – save £146 per year OWN BRAND - Sainsbury's Taste The Difference Session Ale (3.4% ABV), £1.55 for 500ml Sainsbury's own-brand session ale reveals on the label it is brewed in Blandford Forum, Dorset. The only brewery in that area is Hall & Woodhouse, which is the manufacturer of Badger Beers like Fursty Ferret. The Sainsbury's version is also made by the brewery chain. The premium Badger Beer Portland Poster Session Ale has the same alcohol content as the Sainsbury's version, although Hall & Woodhouse said it was a 'completely different recipe'. And both are described as having a balance of bitter and malty flavours. 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YOGHURT – save £68 per year BRAND – Yeo Valley Organic Strawberry Yoghurt, £2.25 for 450g OWN-BRAND – Sainsbury's Stamford Street Low Fat Strawberry Yoghurt, 95p for 450g Many of Sainsbury's yoghurts are produced by Yeo Valley, including this bargain Stamford Street version. Although Yeo Valley hasn't officially confirmed it makes own-brand yoghurts, it has been linked to several supermarket lines. In 2016, a product recall over safety fears saw Sainsbury's, Waitrose, Tesco, Co-Op and Asda all withdraw own-brand yoghurts which were confirmed to have been made by Yeo Valley. Both Sainsbury's Stamford Street and Yeo Valley strawberry yoghurts carry the same dairy code stamp, which means they were produced at the same factory. Unlike Yeo Valley, the Sainsbury's strawberry yoghurt is not organic, so is not made to the same recipe. You could save £68 per year, based on buying one pot of Sainsbury's yogurt instead of Yeo Valley per week. All the supermarkets and brands have been approached for comment. How to save money on your supermarket shop THERE are plenty of ways to save on your grocery shop. You can look out for yellow or red stickers on products, which show when they've been reduced. If the food is fresh, you'll have to eat it quickly or freeze it for another time. Making a list should also save you money, as you'll be less likely to make any rash purchases when you get to the supermarket. Going own brand can be one easy way to save hundreds of pounds a year on your food bills too. This means ditching "finest" or "luxury" products and instead going for "own" or value" type of lines. Plenty of supermarkets run wonky veg and fruit schemes where you can get cheap prices if they're misshapen or imperfect. For example, Lidl runs its Waste Not scheme, offering boxes of 5kg of fruit and vegetables for just £1.50. If you're on a low income and a parent, you may be able to get up to £442 a year in Healthy Start vouchers to use at the supermarket too. Plus, many councils offer supermarket vouchers as part of the Household Support Fund.

Ready for takeoff: PING Group partners with ubloquity to accelerate digital transformation in aerospace and defence
Ready for takeoff: PING Group partners with ubloquity to accelerate digital transformation in aerospace and defence

Scotsman

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Ready for takeoff: PING Group partners with ubloquity to accelerate digital transformation in aerospace and defence

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Their innovative approach to digital asset identity and frictionless trade demonstrates exactly the kind of bold thinking and technological leadership we champion. This partnership celebrates their vision, impact, and commitment to driving the sector forward." Advertisement Hide Ad Advertisement Hide Ad This partnership builds on ubloquity's growing track record of delivering digital infrastructure for critical sectors and reinforces PING's mission to become a strategic digital enabler for its customers.

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