Tate & Lyle could soon be one of two companies controlling the UK sugar trade
The cost of adding a spoonful of sugar to a cup of tea could go up sharply if a deal to purchase a UK food manufacturer goes ahead, a watchdog has warned. The Competition and Markets Authority has warned Tate & Lyle Sugars that their expansion plans could create a monopoly in the sector, with just two businesses controlling the supply of sugar across the country.
Originally a North West business based in Liverpool before its merger with London-based Lyle, Tate & Lyle has been an iconic British brand for over a century and among our most profitable businesses, being one of the founding companies of the FTSE100, then the FT-30. They have largely focused on cane sugars, but their plan to purchase Tereos UK would also make them the main name in selling sugar to customers.
Their plans would involve taking over the packaging and distribution centre owned by Tereos in Normanton, West Yorkshire. The competition watchdog is concerned that this could allow them to set the price at which supermarkets have to buy their sugar, which in turn would cost consumers more for the staple grocery.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
The Lyle's Golden Syrup logo design controversy is pretty ridiculousDaniel John is Senior News Editor at Creative Bloq. He reports on the worlds of art, design, branding and lifestyle tech (which often translates to tech made by Apple). He joined in 2020 after working in copywriting and digital marketing with brands including ITV, NBC, Channel 4 and more.
続きを読む »
Lyle's Golden Syrup changes its rotting lion logo for a friendly faceIt's the first time the logo has changed in around 140 years.
続きを読む »
Leeds student kept chemicals, and rifles and planned 'shoot up for the lols'Andrew Tate admirer Nicholas Rees was heard talking about making bombs
続きを読む »
Boy thrown from Tate Modern enjoying swimming lessonsThe French boy's family say they have also adopted a golden retriever to help him in his recuperation.
続きを読む »
Here’s Why Everyone’s Talking About Tate McRae’s Brit PerformanceFrom YouTube to the Brits, Tate McRae's got everyone talking. Here's everything to know about the dancer turned singer, including her link to Justin Bieber. Read more on Grazia.
続きを読む »
Oliver Bearman: The 6ft 3in British teenager making history with FerrariThe 18-year-old from Chelmsford is the talk of the F1 grid
続きを読む »