Suffolk firms sought to champion the arts

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The East of England Co-op has announced that a £2.7 million increase in cash flow will allow it to continue its investment – despite seeing its profits dip.

Interim results for the first half of the year showed profit down £1.3m to £5.6m and turnover down 6.1 per cent.

The company says this was expected due to the tough economic climate and has invested £6m in expanding the business.