NORTHERN Foods has announced an increase in annual profits after making a number of "tough choices" which included mothballing unprofitable assets and axing poor selling products.

The Leeds-based food manufacturer said its 25.3% increase in pre-tax profits had been delivered against "a backcloth of unprecedented market volatility" and that it had managed to recover costs associated with rising raw material and energy prices.

For the year ended March 29, the group, which makes products including Goodfella's pizzas and......for the full story register now for free or login below...