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Chewing over their position: Nestlé boss Paul Bulcke and his board fear that a combined Kraft/Cadbury could threaten their market share

Likely bid war for Cadbury sends shares to record high

Cadbury shares raced to another record high this morning as investors bet that a fierce bidding war for control of the 185-year old company is about to breakout Comments

Plastics recycling firm gets basting from LSE

The London Stock Exchange today publicly censured AIM-listed Environmental Recycling Technologies and said it would have fined it if the company’s finances were not in such a parlous condition Comments

‘Lenders ignore rate cuts’

Banks were today accused of profiteering from homeowners during the recession, as it emerged that the average interest charged on variable-rate mortgages is 4.2% higher than the Bank of England’s base rate Comments

Divis hit as water giants are hung out to dry in Ofwat price review

Water giants Severn Trent and United Utilities are set to be hit so hard by this week’s Ofwat price review that they will have to slash their dividends by a fifth Comments

Heritage sells Uganda stake to ENI halting Genel merger

A bid battle for Heritage Oil could break out after the independent upstream exploration and production company said its proposed merger with Turkey’s Genel Energy was off and it would instead sell its interests in Uganda to Italian major ENI for £900 million Comments