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Page last updated at 08:39 GMT, Wednesday, 10 February 2010

Government 'abdicated responsibility' over Kraft

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The US food giant, Kraft has said it will close the Cadbury factory near Bristol, with the loss of up to 400 jobs. Only a week ago - before its takeover of Cadbury was confirmed by shareholders - Kraft had said it would keep the plant open.

Liberal Democrats Treasury spokesman, Vince Cable, told the Today programme that it was time the government re-introduced a public interest test to decide whether takeovers of companies can go ahead.

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