Wednesday, February 10, 2010

Setting fire to your economic engine

Although promising not to, Kraft is closing down the Cadbury factory in Somerset, at Keynsham near Bristol, and moving it to Poland. Short term hedge funds recently bought up the stock and boosted the number of shareholders over the 50% margin favouring the Kraft takeover.
Laissez-faire economics pays no heed to national interest. The UK has been up for sale for some time. What will they do when there is no industry left to sell?

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