Yesterday Cadbury boss Todd Stitzer appeared to drop his strongest hint yet that a deal could be struck with Kraft, as reported by The Times.

However, as we report today, the company has since backtracked on that, blaming an over-enthusiastic Merrill Lynch. That's also noted by the Daily Telegraph. Either way, the confectioner’s shares keep going up, as the Guardian finds.

Elsewhere, the Financial Times talks to Sainsbury’s chief executive Justin King about how the UK’s third-biggest supermarket has gone about riding out the recession.

There’s widespread alarm and consternation over the amount of fat (and sugar, and salt) in the pizzas sold in high street chains. The Daily Telegraph, the Guardian, Daily Mail and Daily Mirror all take a look.

The Mirror also reflects on the fraudster jailed yesterday for claiming his produce was organic. When really it wasn't.

And Nestle might be spending millions promoting its instant coffee, but the Mail is more impressed with Aldi’s own-label stuff.