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United Kingdom shares fell on Tuesday, with a rebound for the battered mining sector failing to offset an outlook cut from heating and plumbing supplier Wolseley and a gloomy ripple effect from a USA healthcare sell-off.

Britain’s fourth biggest supermarket group Morrisons has warned it would take a long time to rebuild after a 35% slump in first-half profit to its lowest level in nine years underscored the scale of the challenge.

Having unceremoniously ditched its former chief executive Dalton Philips, it parachuted in Tesco lifer David Potts to steer the supermarket back into calmer waters. The figures for six months to 2 August showed that reported pre-tax profits fell a worse-than-expected 47.2% t...

It comes two days after farmers had not ruled out the possibility of continued protests against other supermarkets as Morrisons announced the premium from a new milk brand will go directly to the dairy industry. It costs dairy farmers 28p per litre to produce milk, but since the...

Farmers have said they require at least 30p to produce each litre.

On Sunday a group of protesters entered a supermarket in Stafford, central England, with two cows, to “show” the animals just how cheap their milk was.

Two cows were taken into a supermarket in Staffordshire as part of a protest by farmers in a bid to raise awareness of the situation this weekend.

FARMERS have warned that British- produced food could disappear from many supermarket shelves within months because “the industry is in crisis”.