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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/tate-acts-over-price-pressures.jpg"><img class="alignnone size-full" title="Tate and Lyle says it has increased the price of corn sugar iin a move that could mark the beginning of a fresh round of price hikes" src="http://londonglossy.com/wp-content/uploads/2011/02/min-tate-acts-over-price-pressures.jpg" alt="Tate and Lyle says it has increased the price of corn sugar iin a move that could mark the beginning of a fresh round of price hikes"/></a></p>
<p>Tate &#038; Lyle has increased the price of corn sugar by up to 20% in a move which could mark the beginning of a fresh round of price hikes for a range of products from soft drinks to bread.</p>
<p>The ingredients manufacturer said it was forced to raise the price of corn sugar to maintain its profit margins following a 40% rise in the cost of corn over the past year.</p>
<p>Corn sugar &#8211; also known as high fructose corn syrup &#8211; is a cheaper alternative to sugar and is used as an ingredient in many types of food and drink, such as carbonated drinks, salad dressings, condiments, bread and cereal bars.</p>
<p>The rising price of corn sugar is the latest in a string of commodity price rises that have squeezed consumers&#8217; spending power in recent months, after cotton doubled in price in the past year, and wheat increased by 40%, adding 10p onto the cost of a loaf.</p>
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