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Drinks giant announced plans to cut costs by £200m as Chinese sales decline

Kraft bid for Cadbury is too small, warns LGIM

A major Cadbury shareholder said yesterday that the US food giant Kraft would have to pay more to succeed in its hostile takeover bid for the maker of Dairy Milk chocolate.

Ferrero drops out of race to buy Cadbury

The maker of Nutella Ferrero is thought to have pulled out of talks to bid for Cadbury, which faces a £10.5bn hostile offer from US food group Kraft, according to reports tonight. The Italian confectionery firm had declared it was interested in Cadbury last year and was thought to be mulling a joint bid with Hershey, the US maker of the eponymous chocolate bars. However, Hershey is still believed to be considering making a solo bid for Cadbury, the maker of Dairy Milk.

Ed Murray: 'How I started a microbrewery'

Ed Murray always enjoyed making beer. But when the former management consultant decided to do it for a living he found out just how much finesse goes into artisan ale.

Union warns of takeover threat to Cadbury jobs

Thousands of jobs will be put at risk if US food giant Kraft takes over Cadbury because of a "colossal" £22 billion of debt which would swamp the chocolate-maker, union leaders warned today.

Don't let Kraft 'steal' our company, Cadbury's boss tells shareholders

Expert warns that takeover by the US food firm would be 'disaster'

Econoblog: Don't go thinking Cadbury's is British

ne quick thought on the Cadburys/Kraft battle. When we talk about Cadbury’s as "British" we ought to recall that almost half their shareholdings are held abroad. Plus all the production they do abroad.

Kraft and Cadbury trade blows over £10bn offer

Kraft hints that it will not raise offer price beyond its formal bid last month

Philharmonia Orchestra/ Mackerras, Royal Festival Hall, London

Bleeding chunks or prime cuts? Either way, there’s something deeply dissatisfying, even pointless, about an evening of Wagner highlights.

SABMiller raises a glass to UK sales

The South African brewer SAB Miller's UK operation toasted soaring sales for two of its best-known premium lagers, as the group delivered profits ahead of City expectations.

Kraft poised to go hostile in its bid for Cadbury

Kraft is tipped to make a hostile bid for Cadbury today, to which the UK confectioner is expected to issue another brusque rebuff.

Jobs to be axed as Threshers collapses

Administrators of the Threshers and Wine Rack group today warned of store closures and jobs losses following the collapse of First Quench Retailing last night.

Cadbury steps up its defence against Kraft's £10.2bn offer

The chief executive of Cadbury will reinforce the confectionery group's growth strategy as a standalone business to investors this week, in the wake of last week's rejected £10.2bn takeover approach from Kraft.

James Moore: There's not much sweet about Kraft

Outlook: Kraft needs Cadbury a lot more than Cadbury's needs Kraft

Econoblog: It's about saving a company, not a British institution

Will there be a national outcry over the Kraft takeover of Cadbury? I’m not sure there should be.

Stella sales jump by nearly 7 per cent in UK

The world's biggest brewing company today said UK sales of Stella Artois were back on track after a near-7 per cent rise in volumes between April and June.

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In this photo illustration a school student eats a hamburger as part of his lunch which was brought from a fast food shop near his school, on October 5, 2005 in London, England. The British government has announced plans to remove junk food from school lunches. From September 2006, food that is high in fat, sugar or salt will be banned from meals and removed from vending machines in schools across England. The move comes in response to a campaign by celebrity TV chef Jamie Oliver to improve school meals.
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