US food giant Kraft has said it hopes to keep open Cadbury's Somerdale facility near Bristol in England, which is scheduled to close in early 2010, saying it will remain "financially disciplined" in its £10.2bn (€11.6bn) pursuit of the chocolate maker.

Sugar and ingredients group Tate & Lyle today warned over uncertain prospects as it unveiled an 18% fall in underlying profits.

Sugar group Tate & Lyle’s shares were caned today after its patent battle against Chinese manufacturers was dealt a blow by a US court ruling.