Editor's blog: Mandelson's Cadbury sabre-rattling

It's a bit late for the Government to start getting protective about our industrial crown jewels.

by
Last Updated: 06 Nov 2012

So Peter Mandelson has waded into the Cadbury battle by warning of 'huge opposition' from HM Government if hungry Americans come over here in search of a 'fast buck'. I’m not quite sure what he means here; there wouldn’t be much that was fast about Kraft paying off the kind of debt it will need to take on to fund such a purchase. Kraft’s bid is about many things – a huge, dull conglomerate in desperate search of growth before someone else nabs the tasty morsel that is Cadbury – but a fast buck surely is not one of them. Lord M’s intervention is unprecedented in modern times. But these are very odd times. Anyone would think there’s going to be an election within the next six months... [CLICK HERE TO READ MORE AND COMMENT]


In today's bulletin:
The difficulties of Darling's banking bonus super-tax
Record online sales bring Christmas cheer for retailers
Editor's blog: Mandelson's Cadbury sabre-rattling
Amazon vouchers up-for-grabs in our online survey
MT Expert's Ten Top Tips: Use your data to improve customer service

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Subscribe

Get your essential reading delivered. Subscribe to Management Today