In Brief
Published:  02 June, 2006

Tate & Lyle reported a sharp drop in pre-tax profit to 42m for the year ended 31 March, 2006, from 205m. The group was hit by an impairment charge of 272m after changes to the EU sugar regime.

McCambridge Foods has bought Dublin-based Cookes Bakery out of examinership the Irish equivilant of receivership.

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