Mar
2010
Articles from 16th Mar 2010
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‘Cadbury’s Law’ call
Mar 16 2010 | Evening Gazette Business News
UNION leaders were today calling for company takeover laws to be strengthened in the wake of the sale of Cadbury’s to US food giant Kraft. The controversial takeover was being examined by MPs on the Business Select Committee, who are due to question executives from both firms as well as officials from the Unite union. Unite has warned the multi-billion-pound takeover has left a question mark over the future of thousands of Cadbury’s workers, especially as the US changed its mind about keeping open the Somerdale factory near Bath. Kraft had said it would keep the plant open, but later changed its mind, saying it will close after all, with the loss of 400 jobs. Jack Dromey, Unite’s deputy general secretary, who was to give evidence to the committee today, was to call for a “Cadbury’s Law” aimed at preventing hostile takeovers of British companies which are not in the public interest. Read
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We’re rising to challenge, says chief
Mar 16 2010 | Evening Gazette Business News
DEPARTMENT store Debenhams today said it had maintained sales and profit growth through the cold snap and “challenging” trading conditions. Read
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Network dream is given a new life
Mar 16 2010 | Evening Gazette Business News
Born: Stockton Read
