A list of companies receiving subsidies under the Common Agricultural Policy (CAP) is dominated by big food processors and manufacturers, reported the Telegraph today.

The list, which was disclosed for the first time today under the freedom of information act, is led by Tate & Lyle, which received £127m last year.

Dairy and sugar processors headed up the list with Meadow Foods receiving £25m and Nestle, £11.6m.

The reason so many food companies receive so much money, said the report, is that subsidies and import controls make sugar three times the price it is on the world market and dairy products twice as expensive.