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Lakeland bosses set agri-industry pay-cut precedent

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Lakeland Dairies' management have set a precedent for the rest of the dairy industry by sharing in the financial hit from the current milk price downturn.

With farmers forced to take a 2c/l milk price reduction for March deliveries as a result of the fallout from the Covid-19 crisis, and further price drops likely, senior management at Lakeland have taken a pay cut, believed to be in the region of 25pc.


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