Rolling coverage of the latest economic and financial news
Earlier:
- Beijing cracks down on tech firms
- Draft rules would restrict anticompetitive behaviour
- Alibaba shares slide 9%
Britain has passed another dark milestone in the pandemic tonight, with the UK’s headline Covid death toll passing 50,000.
My colleague Andrew Sparrow has the details:
Related: UK coronavirus live: nearly 600 new deaths in Britain; Manchester appears to have passed second peak
Tate & Lyle Sugars, a prominent corporate backer of Brexit, has warned of sugar and syrup shortages in Northern Ireland in the new year, due to lack of clarity over the UK and EU trade relationship.
The company is the largest cane sugar brand in the UK and supplies the main supermarkets in Northern Ireland. It has advised retailers to draw up contingency plans to source sugar and syrup from elsewhere, because it will struggle to get its products to them next year, according to ITV News.
Related: Brexit uncertainty may cause sugar shortages in Northern Ireland, warns firm
