CADBURY’S new owners, Kraft, will once again be questioned by MPs in Westminster almost a year after their last appearance. The Business, Innovation and Skills Select Committee will be seeking information on Kraft’s progress with its undertakings it made when it was last before them.
Last year the committee published a report which criticised Kraft for its handling of the closure of the Somerdale factory in Keynsham near Bristol. The report said:
“We conclude that Kraft acted both irresponsibly and unwisely in making its original statement that it believed that it could keep the Somerdale factory open.”
The report went on to express disappointment that Kraft chief Irene Rosenfeld didn’t appear before them and suggested that Kraft’s actions had: “undoubtedly damaged its UK reputation and has soured its relationship with Cadbury employees.”
The MPs are likely to question Kraft about their intention to to restructure Cadbury to allow them to avoid paying millions in UK tax on profits.
The committee meets at 10.30am on Tuesday 15th March and will take evidence from:
* Marc Firestone, Executive Vice-President, Corporate & Legal Affairs and General Counsel, Kraft Foods
* Trevor Bond, President of Markets, Kraft Foods Europe (formerly President, Cadbury, Britain & Ireland)
* Nick Bunker, President of Kraft Foods, UK & Ireland
Pic: Jez Page