Kingsmill owner given the all clear to snap up rival Hovis

UK regulators have given the green light for Kingsmill bread maker, Associated British Foods (ABF), to acquire its rival Hovis, allowing the company to expand its market share in the bread industry. This move could lead to increased competition and potentially better pricing for consumers, but it also raises concerns about reduced diversity in the market. With ABF's extensive resources, there's speculation about how this consolidation might impact smaller bakeries and the overall bread market landscape.