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Kraft bosses to face Cadbury questioning by MPs

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Kraft bosses to face Cadbury questioning by MPs

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pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
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Location: Belfast

Kraft bosses to face Cadbury questioning by MPs

http://news.bbc.co.uk/1/hi/business/8515034.stm


	Quote: Plans to close the Keynsham plant, with the loss of 400 jobs, were originally announced by Cadbury in 2007 as it looked to move production to Poland. Before its bid was accepted, Kraft told the BBC: "We believe we would be in a position to keep the Somerdale plant operating and we are sincere about that." However it now says that it only become aware of how advanced plans for the new Poland factory were after the takeover deal had been agreed.

I didn't actually know that Cadbury themselves had been planning to get rid of the plant... I don't believe Kraft however :oops:


	Quote: "I think it's time for Kraft to give the assurances they've been giving in private to politicians in Parliament.

Yeah right, neither side is gonna come out of that well so you'll be lucky to get many answers... If only it would turn into one of those things where emails get requested and published - modern day truth FTW!

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Sun Feb 14, 2010 3:02 pm

belchingmatt

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Joined: Fri May 15, 2009 3:16 am
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Re: Kraft bosses to face Cadbury questioning by MPs

Multibillion pound buy out and they didn't know the ins and outs of the whole company. Yeah right. :lol:

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Sun Feb 14, 2010 3:10 pm

nvj1662

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Joined: Tue May 05, 2009 6:15 pm
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Re: Kraft bosses to face Cadbury questioning by MPs

The Polish factory is a new stealth design, Kraft didn't notice it, perhaps? :lol:

Mon Feb 15, 2010 1:14 pm

timark_uk

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Joined: Thu Apr 23, 2009 6:11 pm
Posts: 12146
Location: Belfast

Re: Kraft bosses to face Cadbury questioning by MPs

It's a private buy-out. What has the government got to do with it?
Sticking it's nose in where it doesn't belong.
If the Kraft deal was pivotal on the UK factory remaining I could understand, but if not it's nothing to do with the government, other than it jumping on the public opinion bandwagon.
Of course it's sad, but it's business. *shrug*

Mark

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Mon Feb 15, 2010 1:19 pm

pcernie

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Joined: Sun Apr 26, 2009 12:30 pm
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Location: Belfast

Re: Kraft bosses to face Cadbury questioning by MPs

There was a change in legislation that affected businesses IIRC

, but the sheer fact that the government are in dire straits and the threat of job losses wouldn't have helped... Well, it meant they got involved and are probably now regretting it

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Mon Feb 15, 2010 1:54 pm

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