News

Strong demand for Costa coffee and a solid performance by budget Premier Inns saw a sharp rise in third-quarter sales at Whitbread, leaving it confident it will meet targets for the year

Kraft backs Cadbury high street cafes plan

Cadbury-branded cafes are to open on Britain's high streets under plans confirmed today by the Dairy Milk and Wispa maker.

MPs open fire on Kraft over plans to shut Cadbury factory

Report on takeover says the US food giant was either incompetent or cynical

Business Diary: Sugar is not so sweet on small business

Is Lord Sugar, asked by the Government to advise it on how a tribunal for small companies turned down for credit might operate, the best man for the job? Last year, Lord Sugar said most of the firms that complain to him about the banks weren't living in the real world. "A lot of problems you hear from people who are moaning are from companies I wouldn't lend a penny to," the ever-honest Sugar said.

20 great things to do this Easter weekend

Will it be the Boat Race, or the goat race? A walk in the wild, or a close encounter with robots? There are hundreds of fantastic activities around Britain to keep the family entertained. Here's our selection of spring delights

Lawsuit makes chocolate firms unhappy bunnies

Big four manufacturers sued over alleged price-fixing in the US

Kraft boss Irene Rosenfeld in 41% pay hike

The US food giant boss behind the controversial hostile takeover of Cadbury received a 41 per cent hike in pay and bonuses last year, it emerged today.

Business Diary: Time for Sainsbury's execs to give back

Best of luck to Justin King, the Sainsbury's boss, who has begun an attempt to complete 32 one-mile runs in different parts of the UK by Saturday to raise money for Sport Relief. Sainsbury's could do with some decent headlines after copping flak for bringing bonuses forward for high earners in order to beat tax rises. Let's hope many of them are sponsoring King generously.

Kraft is 'truly sorry' for U-turn over closure of Cadbury's Somerdale plant

The US food giant Kraft has said it is "truly sorry" for reneging on an earlier promise to keep open Cadbury's Somerdale factory just days after it acquired the Dairy Milk maker for £11.7bn in January.

Kraft apology over UK factory U-turn

US food giant Kraft today issued a public apology for raising hopes that a doomed Cadbury factory could be saved and issued a two-year guarantee on jobs after facing a furious attack over its controversial takeover of the chocolate-maker.

Cadbury's and Kraft chiefs under fire from angry MPs

Executives from Cadbury's and its new American owner came under fire from angry MPs today amid uncertainty about the chocolate-maker's future in the UK.

David Prosser: Time to give Kraft some home truths

Outlook: Misleading factory workers about job security is not part of the game

Watchdog probes Kraft over Cadbury buyout

Kraft is under investigation by UK regulators over whether it misled Cadbury employees and investors in its battle to take over the confectioner, it was reported today.

Business Diary: Paying the price for Cadbury's defeat

Cadbury has announced 150 job losses, mostly at its head office in west London, following the Kraft takeover. A number must come from the communications team, several of whom have already quit. They didn't have much choice but to stand down after bad-mouthing Kraft for months as they tried to fight off the unwanted bid.

Kraft accused of 'indecent haste' on Cadbury job cuts

Union leaders attacked US food giant Kraft today after being told that the firm was seeking to make its first job cuts only weeks after completing its controversial purchase of Cadbury.

Mandelson backs takeover law reform

The next government should review Britain's takeover laws, Lord Mandelson said last night.

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