FTSE 100 giant ABF shares slide as it braces for £60m sugar crash after Iran war Retail FTSE 100 giant Associated British Foods has issued a major warning on the state of its sugar businesses over “the duration and severity of the Middle East conflict”. The multinational conglomerate – which spans across the food and retail industry – said it expects its sugar operation to deliver a loss of as much as [...]
Lidl and Iceland censored under junk food ad rules Retail Lidl and Iceland have become the first supermarkets to have adverts blocked by regulators under the government’s crackdown on junk food. The rules cover some sugary and fatty foods, including sweets, pizza and chocolate. The Advertising Standards Authority (ASA) has been policing the new ban since January, but today’s warnings are the first it has [...]
Coffee and sugar drive surging food inflation Economics Sharp increases in the cost of coffee and sugar are behind the high rate of food inflation which is one of the drivers of the surprise inflation rise. The cost of food increased at a rate of 4.5 per cent in the year to December, overshooting the overall inflation rate of 3.4 per cent by [...]
Tate & Lyle share price drops after Morgan Stanley downgrade September 22, 2025 Tate & Lyle’s share price dropped more than six per cent on Monday morning after Morgan Stanley changed its rating for the sugar giant. The broker cut the stock to “underweight” from “equal weight”, with a 500p price target. It cited higher risk to Tate & Lyle’s mid-term targets after Tyson Foods said it would [...]