Economics / Markets

Legal & General Investment Management and Neptune have criticised Cadbury management over Kraft's agreed takeover bid, saying the 850p per share deal undervalues the confectioner.

UK inflation rose at the fastest annual pace for three quarters in December, according to the Office for National Statistics (ONS).

Fund managers have backed Cadbury's decision to accept Kraft's new increased bid for the confectioner.

Cadbury shares have bucked a poor start to FTSE 100 trading this morning, climbing over 3% on news it has agreed a £11.5bn takeover bid by Kraft.

Cadbury is poised to be taken over by US food conglomerate Kraft after its board approved a new increased bid.

A ‘double dip' recession remains likely unless governments continue their fiscal stimulus packages, the head of the International Monetary Fund (IMF) has warned.

Early gains among financials and miners helped boost the FTSE up 27.43 points (0.50%) to 5482.80 in early trading.

Millions of Britons face higher council tax bills to cover the £60bn hole in local government pensions.

Early gains among major miners helped boost the FTSE by 34.93 points (0.64%) to 5508.41 in early trading.

BRITAIN will have emerged from its deepest recession since the second world war when official data is released later this month, with the economy showing modest growth in the fourth quarter after 18 months of contraction, according to a respected economic...