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UK: Contamination scare hits Produce Investments shares

Shares in daffodils-to-potatoes group Produce Investments tumbled after a “potential contamination issue” prompted a recall of potato salad and ready meal products. Shares in Produce Investments – which had been recovering from an all-time low reached in February after a caution over “price pressure” stemming from UK supermarket wars – went back into retreat after Tuesday’s warning, falling 20% at one stage. The share followed a statement by the UK-based group that its Swancote Foods potato processing subsidiary had “experienced a potential contamination issue”, relating to the “possible identification of traces of metal” in one of its products. Sainsbury and Tesco recalled some potato salads, due to the concerns that they might contain small pieces of metal. More

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