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Farming chiefs to meet Government for dairy crisis talks

Farmers blocked the Tesco distribution centre at Avonmouth on Sunday night. Credit: Farmer for Action

Farming industry leaders will meet with Government ministers today in a bid to thrash out a deal amid the ongoing dairy crisis.

A number of protests have been staged recently by farmers who say milk is being sold in supermarkets for less than it costs to produce.

Supermarkets Asda, Aldi and Morrisons have already agreed to pay farmers more for milk.

Environment Secretary Liz Truss will host a summit with the presidents of four farming unions in central London to discuss further measures to help the industry.

Writing in the Daily Telegraph at the weekend, Ms Truss said: "We need to make sure that our producers are able to meet the challenges they face so that they can capitalise on the growing interest in food provenance, standards and safety to capture more of the market at home and abroad."

Strong pound and oil price fall to keep inflation at zero?

Inflation has been tipped to remain at zero due to the strength of the pound and the fall in the oil price.

The Office for National Statistics (ONS) will confirm on Tuesday if last month's inflation hovered around zero for a sixth month in a row.

Flat prices help boost household finances at a time when wages are rising. Credit: Dominic Lipinski/PA Wire

There is even thought to be a risk that the figures for July, measured by the Consumer Price Index (CPI), could turn negative again - having dropped to minus 0.1% in April.

Flat prices help boost household finances at a time when wages are rising and make an interest rate hike by the Bank of England more likely.

EU migrants working in UK rises to record two million

While unemployment has risen, the number of EU migrants working in the UK has topped two million for the first time.

Official labour market figures showed a record 2,033,000 people foreigners were employed in the three months to June, up 4% on the previous quarter.

973,000
Workers born in eight 'A8' eastern European countries, including Poland and the Czech Republic.
189,000
Employees from Bulgaria and Romania.
93,000
Employees born in the US.
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