Buyout of British company could be blocked over sugar price rise concerns
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 (CMA) has warned Tate & Lyle Sugars (TLS) that their expansion plans could create a monopoly in the sector, with just two businesses controlling the supply of sugar across the country.


