Small loss for FTSE

Ingredients and sugar group Tate & Lyle led a downbeat close to the week for the London market after a disappointing trading update saw the stock hit a three-year low.

Small loss for FTSE

Ingredients and sugar group Tate & Lyle led a downbeat close to the week for the London market after a disappointing trading update saw the stock hit a three-year low.

Shares in the Silver Spoon and Splenda sweetener firm tumbled almost 28%, or 155p to 402.5p, after it warned its sugar division would post a loss in the first half, while high corn prices and a weak US dollar would also impact earnings.

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