As reported on this site, the Takeover Panel has finally told Kraft to put in a firm bid by 9 November or back off from Cadbury altogether. It wasn’t in this morning’s papers, but the Daily Telegraph and The Times are both now on the story.
As we reported yesterday, AG Barr has shaken off the dismal summer weather to post improved sales for Irn-Bru and its other brands. The Guardian reports for its Market Forces blog, while the Herald takes a surprisingly un-Scottish look.
The Financial Times reports that Dairy Crest has become the latest company to close its final salary pension scheme. The Independent has the story too, as does the Telegraph.
Coca Cola is trying to head off growing momentum behind a so-called ‘soda tax’ on sugary drinks in the US by ramping up its efforts to educate consumers on the need to exercise (and drink Diet Coke).
Elsewhere in news about stuff that’s nice but bad for you, roll-ups are reportedly gaining popularity among smokers – they’re even becoming trendy, The Times reckons.
As The Times also reports, catering giant Compass is having a decent time of it despite the recession. The Telegraph’s investment column recommends it as one to buy and the Guardian concurs.