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.

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

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here

Email: mtsupport@haymarket.com

Call: 020 8267 8121

Register

FREE

  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Become a subscriber

From £66 a quarter

  • Full access to managementtoday.co.uk
  • Exclusive event discounts
  • Management Today's print magazine
  • Plus lots more, including our State of the Industry Report.

Choose a Package