Tunnock's issues first profit warning:This is horrible this great Scottish company is in trouble. Can you imagine spending the rest of your life never ever having another teacake, or caramel log, or indeed my favourite, caramel wafer. mmmYummm.
COLIN DONALD BUSINESS CORRESPONDENT (cdonald@scotsman.com)
TUNNOCK'S, the iconic teacake and caramel log makers, has issued the first profit warning in the firm's 117-year history, as rising ingredient and production costs combine with a ruthless squeeze on margins by supermarkets to dilute the benefits of strong sales."
Must go and get some now.
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