Menu
03/02/2010
Mandelson 'Disappointed' In Kraft
Kraft Foods' failure to provide job assurances to Cadbury's UK staff has "disappointed" the Business Secretary.
Lord Mandelson said the US company would not commit itself to managing the chocolate brands in Britain.
He spoke after holding talks with Kraft Chief Executive Irene Rosenfeld.
The Business Secretary insisted he would hold further meetings with the firm, whose £11.5bn ($18.9bn) takeover bid was accepted by Cadbury shareholders yesterday.
Lord Mandelson said: "I'm glad now to be in personal touch but what I will be looking for are much harder, more specific commitments in the next three to six months.
"I was disappointed that she was unable to confirm that Cadbury's confectionery brands will continue to be managed and operated globally out of the UK.
"On the other hand she said that she expects Britain to be a net gainer in manufacturing output and employment so that was encouraging, but what we've got to do now is to remain in close touch."
Unite union members have lobbied the government to seek an agreement on job security.
Shadow Business Secretary Ken Clarke met with Ms Rosenfeld last night.
He said: "I have discussed with Mrs Rosenfeld and her team their hopes and expectations that Cadbury's will continue to flourish and prosper in the UK and worldwide now that it is in partnership with Kraft.
"I will be visiting [Cadbury at] Bournville shortly when I hope to discuss further the assurances which Mrs Rosenfeld has offered."
(PR/BMcC)
Lord Mandelson said the US company would not commit itself to managing the chocolate brands in Britain.
He spoke after holding talks with Kraft Chief Executive Irene Rosenfeld.
The Business Secretary insisted he would hold further meetings with the firm, whose £11.5bn ($18.9bn) takeover bid was accepted by Cadbury shareholders yesterday.
Lord Mandelson said: "I'm glad now to be in personal touch but what I will be looking for are much harder, more specific commitments in the next three to six months.
"I was disappointed that she was unable to confirm that Cadbury's confectionery brands will continue to be managed and operated globally out of the UK.
"On the other hand she said that she expects Britain to be a net gainer in manufacturing output and employment so that was encouraging, but what we've got to do now is to remain in close touch."
Unite union members have lobbied the government to seek an agreement on job security.
Shadow Business Secretary Ken Clarke met with Ms Rosenfeld last night.
He said: "I have discussed with Mrs Rosenfeld and her team their hopes and expectations that Cadbury's will continue to flourish and prosper in the UK and worldwide now that it is in partnership with Kraft.
"I will be visiting [Cadbury at] Bournville shortly when I hope to discuss further the assurances which Mrs Rosenfeld has offered."
(PR/BMcC)
Related UK National News Stories
Click here for the latest headlines.
19 January 2010
American Firm Buys Cadbury
Directors at UK chocolate producer Cadbury have approved a £11.5bn ($18.9bn) buy-out deal by American food firm Kraft. Kraft said the deal would create a "global confectionery leader". However, fears have been raised over jobs at Cadbury's Bournville and Somerdale manufacturing sites.
American Firm Buys Cadbury
Directors at UK chocolate producer Cadbury have approved a £11.5bn ($18.9bn) buy-out deal by American food firm Kraft. Kraft said the deal would create a "global confectionery leader". However, fears have been raised over jobs at Cadbury's Bournville and Somerdale manufacturing sites.
10 February 2010
Kraft Confirms Cadbury Closure
Business Secretary Lord Mandelson has attacked Kraft Foods over it decision to close a Bristol-based Cadbury factory. Kraft bought the chocolate manufacturer earlier this month, having pledged its commitment to the British brand.
Kraft Confirms Cadbury Closure
Business Secretary Lord Mandelson has attacked Kraft Foods over it decision to close a Bristol-based Cadbury factory. Kraft bought the chocolate manufacturer earlier this month, having pledged its commitment to the British brand.
14 December 2009
Cadbury Defends Takeover Refusal
Chocolatier giant Cadbury has claimed an international food conglomerate attempted to buy it "on the cheap". Cadbury rejected Kraft Foods's hostile takeover bid last month, describing it as "derisory".
Cadbury Defends Takeover Refusal
Chocolatier giant Cadbury has claimed an international food conglomerate attempted to buy it "on the cheap". Cadbury rejected Kraft Foods's hostile takeover bid last month, describing it as "derisory".
02 February 2010
Cadbury Deal Closure Looms
Cadbury workers have called on the government to intervene in the takeover bid by a US foods firm. Shareholder of the chocolate produce have until lunchtime today to vote on a £11.5bn ($18.9bn) offer put forward by Kraft. Union members are concerned by the lack of guarantees over job security. Unite has lobbied ministers to back employee retention.
Cadbury Deal Closure Looms
Cadbury workers have called on the government to intervene in the takeover bid by a US foods firm. Shareholder of the chocolate produce have until lunchtime today to vote on a £11.5bn ($18.9bn) offer put forward by Kraft. Union members are concerned by the lack of guarantees over job security. Unite has lobbied ministers to back employee retention.
02 July 2003
Foods company to help fight obesity
In response to rising obesity rates around the world, Kraft Foods Inc. said today it will initiate a new series of steps to further strengthen the alignment of its products and marketing practices with societal needs. “The rise in obesity is a complex public health challenge of global proportions,” said Betsy D. Holden, Co-CEO of Kraft Foods.
Foods company to help fight obesity
In response to rising obesity rates around the world, Kraft Foods Inc. said today it will initiate a new series of steps to further strengthen the alignment of its products and marketing practices with societal needs. “The rise in obesity is a complex public health challenge of global proportions,” said Betsy D. Holden, Co-CEO of Kraft Foods.
-
Northern Ireland WeatherToday:A few fog patches at first, soon clearing to leave a dry day with some patchy cloud and good sunny spells. Light and variable winds. Feeling mild in sunny spells. Maximum temperature 14 °C.Tonight:Dry and quite chilly overnight under prolonged clear spells and light winds. This will allow a few fog patches to develop in places. Minimum temperature 2 °C.
