ABC Humanities

After only one year tax on fatty foods has been abolished

In 1832 Michael Sadler secured a parliamentary investigation of conditions in the textile factories and he sat as chairman on the committee. The evidence printed here is taken from the large body published in the committee's report and is representative rather than exceptional. It will be observed that the questions are frequently leading; this reflects Sadler's knowledge of the sort of information that the committee were to hear and his purpose of bringing it out. This report stands out as one of three great reports on the life of the industrial class - the two others being that of the Ashley Commission on the mines and 's report on sanitary problems. The immediate effect of the investigation and the report was the passage of the Act of 1833 limiting hours of employment for women and children in textile work.

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Brewing giant SABMiller has agreed to buy Foster's in a deal that values Australia's largest brewer at 9.9bn Australian dollars ($10.2bn; £6.5bn). Fosters had rejected SAB's previous bid worth A$9.5bn, saying it undervalued the company. However, the Foster's board said it would be recommending the latest offer to its shareholders.

Brewing giant SABMiller has said that profits gained, driven by growth in emerging markets. Pre-tax profit in the six months to September rose 12% to $2.28bn (£1.4bn), the firm said. "We have recently seen moderation of economic growth in some countries," SABMiller said. In terms of earnings before tax and other costs, Europe fell 10% to $516m.

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