UK inflation remained at the lowest level in three years in November despite rising prices for a variety of goods including chocolate, concert tickets and package holidays (The Guardian). Price growth remained at a three-year low last month as a slowdown in restaurant and hotel prices offset a rise in grocery bills (The Times £). Families have received a Christmas boost with figures showing inflation stuck at a three-year low of 1.5% (The Daily Mail).
An investment trust focused on farmland will lay out plans to float on the London stock market on Thursday, offering investors direct access to the asset. The Global Sustainable Farmland Income Trust is seeking to raise $300m from public investors to buy farmland around the world, specialising in crops such as fresh fruit, vegetables, and nuts. (The Financial Times £)
Indonesia has become the latest Asian country to face an outbreak of African swine fever, a deadly pig virus devastating farmers across the region. On Wednesday, the country’s agriculture ministry said nearly 30,000 pigs have died from the disease in North Sumatra. (The BBC)
The hedge funds which own the Co-operative Bank have begun sounding out prospective buyers of the business two-and-a-half years after it was saved from the brink of collapse. (Sky News)
Tesco has recalled thousands of jars of Heinz baby food from its stores in the UK after sharp metal fragments were found in a single jar. (The Guardian)
A Debenhams landlord has rebelled against the department store chain’s rescue plan, hoping to overthrow a legal win from two months ago. (The Telegraph)
Hyve Group, one of the world’s biggest exhibition organisers, has added two major US events to its portfolio in a deal worth $145m (£111m). The acquisition of Shoptalk and Grocerystop is the first since the London-listed company changed its name from ITE. (The Telegraph)
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