Unite welcomes MPs' move to quiz Kraft on how it "misled" UK

9 March 2010

Welcoming the decision of the all-party Business Select Committee to call Kraft executives before them to give evidence in public on their conduct during the £12 billion takeover of Cadbury, Jack Dromey, deputy general secretary of Unite, who will also give evidence said:

"Parliament is right to call Kraft to account. It was wrong that a debt-laden American multi-national took over a successful British company. It was wrong that Kraft misled Cadbury workers and the public, only to break their promises within seven days.

"Kraft must now give cast-iron guarantees for the future and Parliament must introduce a Cadbury's Law preventing hostile takeovers which are neither in the public interest nor in the best long-term interests of household-name British companies."

Unite is the union for Cadbury's 6000-plus workforce.  It reacted angrily to Kraft's confirmation that it will press ahead with plans to shut the Somerdale plant in February - made clear by Kraft only one week after it had taken ownership of Cadbury - with the loss of 400 jobs.  Throughout the bid, Kraft had given every indication that it saw a future for the plant, despite Unite's repeated requests not to give false hope to the workforce.  Last week, Kraft also announced plans to cut 150 administration jobs. 

ENDS

For further information, please contact Pauline Doyle on 07976 832 861

 

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