UK food inflation set to climb despite calmer global grain markets
Shore Capital says a calming USDA harvest update will not stop UK food prices rising towards 5% by 2027
Company
Associated British Foods PLC
LON:ABF
Associated British Foods is a diversified international food, ingredients and retail group with sales of £10.2 billion and 97,000 employees in 44 countries.
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FTSE 100 off on US election day; AstraZeneca drags as value drops £15bn
AstraZeneca and Schroders weighed on the FTSE 100 on Tuesday
FTSE 100 closes at new record high as UK economic recovery continues
The FTSE 100 smashed past its intraday record on Tuesday, hitting a new all-time high of 8,074 at noon
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FTSE 100 Live: Stocks lose early gains to close little changed
At the close, London's blue-chip index was down 1.98 points at 7,485.73 while the FTSE 250 was down 78.82 points, 0.4%, at 18,996.82
FIVE at FIVE: Primark stunner; King’s speech; FTSE 100 flat; Direct Line’s solid growth; Persimmon sales uptick
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Builders and building materials
Primark, Direct Line and Persimmon: An eclectic mix for Tuesday
Watches of Switzerland is also reporting
Primark to drive AB Foods results
Primark and British Sugar owner ABF will update on Tuesday, 7 November
Primark’s higher prices not deterring shoppers - analysts
Higher prices helped ABF pen higher sales revenues during the third quarter
Primark owner eyes higher profit as sales climb
Associated British Food penned a 16% jump in sales during the third quarter