Dairy group and cheesemaker Lactalis McLelland today became the latest firm to admit its part in the price-fixing scandal thought to have cost consumers around £270m (€361m).

Supermarkets Asda and Sainsbury’s were today fined over their roles in a dairy price-fixing scandal thought to have cost consumers around £270m (€374m).

UK supermarket giants Asda and Sainsbury’s today agreed to pay multi-million pound fines after they admitted fixing the price of milk, cheese and butter.

Leading UK supermarkets and dairy processors were today accused of fixing the prices of milk, butter and cheese.

Dairy foods and nutritional ingredients group Glanbia has sold its 25% interest in The Cheese Company (TCCH), to majority shareholder Milk Link for €70.41m.