Tuesday, 9 February 2010
Some Candy Talking
Well it didn't take them long, did it? Kraft have confirmed - or rather, announced because it wasn't even floated before today - that they're going to close the Cadbury's plant in Keynsham, despite declaring during their takeover bid that they wanted to reverse Cadbury's plans to move production to Poland. As an MP who has many constituents working at the Somerdale plant, I had to an extent put aside my misgivings about an American company taking over a British institution like Cadbury's on a highly-leveraged buyout because of their assurances on the future of Somerdale, and their apparent willingness to reconsider Cadbury's decision to close the plant. I'm sure Dan Norris, the local MP, has been on the case and will try to catch him at the votes later on tonight to see what we can do. I think an urgent meeting with Cadbury's management must be on the cards. In the meantime, I'll be sticking to Divine rather than Green and Black's.