Tate & Lyle shakes off fungus impact

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Tate & Lyle, the old sugar company that now makes artificial sweeteners, said it had shrugged off the impact of a corn fungus to "deliver modest progress" this year. Corn crops were hit by aflatoxin, a naturally occurring carcinogenic by-product of an olive-green mould that can be fatal to livestock. But "a good underlying performance from sweeteners in both the US and Europe is expected to more than offset the impact" of the fungus.