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Finance

Grocery inflation low
Supermarket war continues as market reaches low

Competition within supermarkets has driven down grocery inflation to zero. 

Tate & Lyle make profit warning

Tate & Lyle has warned on profit in its half year trading update, after bad weather in the US hits stock. 

Premier Foods restructure allowing honed focus on cakes

Premier Foods has announced the restructure of its commercial sector, creating three new Strategic Business Units (SBU’s).

UB attracts fresh interest

New bidders are believed to have entered the fray for United Biscuits (UB).

Costa Coffee sales boom

Costa has seen like-for-like sales (LFLS) increase by 7.3% in the 11 weeks to 14 August.

Low food inflation hits sales

Food and drink sales have reached a new low in August.

Jordans Cereal founders take controlling share in milling firm

The Jordans brothers have acquired a majority ownership in European Oat Millers (EOM) in a bid to develop the milling company.

Allied Bakeries forecast for profit increase

Associated British Foods plc (ABF) has said sales and profits will be up this year at Allied Bakeries, following the launch of its Kingsmill Great White loaf.

Food inflation at record low

Inflation on food hit its lowest-ever recorded level in August, at 0.3%.

Cargill to buy ADM's chocolate business

Cargill is to buy the international chocolate business of Archer Daniels Midland (ADM) for $440m (£226.4m), which will include its Liverpool chocolate plant. 

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