Premier Foods, beating up suppliers and the true meaning of austerity

EDITOR'S BLOG: When things are tough down at the grocers, balls get squeezed ever harder. It's an unedifying sight, says Matthew Gwyther.

by Matthew Gwyther

It’s a mark of the current antipathy felt towards big business that the BBC’s ‘scoop’ about Premier Foods ‘pay and stay’ bullying of suppliers led both Newsnight last night and tops its website at the moment.

The Beeb managed to find a rare thing - a supplier in the food chain willing to squeal who seems unconcerned that he will be cut off at the knees. Bob Horsley - a classic Bob Cratchett for the festive season - is a maintenance supplier to the Ambrosia factory in Devon. He was filmed doing a bit of honest welding on a custard pipe in his Devon workshop. Bob hasn’t been amused to receive the follow classic weasel-worded letter from Premier CEO Gavin Darby, aka Lord Scrooge von Voldermort.

Darby wrote, ‘We are aiming to work with a smaller number of strategic suppliers in the future that can better support and invest in our growth ideas.

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 3 free articles every 90 days
  • Free email bulletins

Register Now

Take a free trial

Get 30 days unrestricted access to:

  • All the latest news, trends, and developments.
  • Exclusive interviews with CEOs and thought-leaders
  • MT Classroom - giving you an academic grounding without expensive courses
  • Management Matters and other in-depth content.
  • Daily bulletins straight to your inbox

Take a free trial today