City Spotlight: Kraft not home and hosed yet, old school banks win again and Easyjet takes off in Europe
Filed under: City Spotlight
The reaction to Kraft's imminent takeover of Cadbury continues to rumble along with the latest news being an announcement from US chocolate maker Hershey that they won't be making a rival bid to the £11.9 billion offer already on the table.Considering that Hershey were only ever a side-bet on having any involvement, it's strange they even felt it necessary to say anything at all. But it does give you an idea on the backroom machinations that are still going like the clappers in a bid to scupper Kraft's deal.
Everyone has had a say on this most controversial of hostile takeovers, from the Government trying to get Kraft to guarantee jobs to the Dairylea-makers key shareholder Warren Buffet expressing his reservations about the whole deal.
Though it's really down to the shareholders and that offer of 840p a share is mighty tempting.

Move over Ryanair, there's an airline with its sights set on taking the title for the most cunning ways to bump up the price of a ticket.
After the global economy suffered another bad year and recovery looks to be slow and protracted, we look back at some of the lighter moments of 2009.
What is it about Christmas and transport chaos? Thousands of people who had hoped to escape to sunnier shores, or wanted to return from abroad to spend Christmas at home are now in deep trouble.
A study has exposed the real extent of all those hidden charges made by budget airlines, and the effect they have on the cost of the flight - and it's staggering.
One of the most annoying things about buying flights with a budget airline is the raft of extra charges that are added to your fare throughout the booking process.
The debit and credit card charges imposed by low-cost airlines can add up to £40 to the cost of a return flight for a family of four – unless you pay using a Visa Electron card.
Budget airlines have changed the way we think about travel. They have cut swathes through prices, opened up the opportunity for cheap holidays we never dreamed of, and made taking four people overseas for less than £500 a possibility for the first time. You'd got to love them.... right?
Airlines have been making the headlines a lot recently.
Every week there's a new airline outrage, where we're charged for glamorous extras like drinking water, going to the toilet, or taking luggage on holiday. We've come to expect it of Ryanair, but now BA is stooping to their level with what amounts to a tax on large families and the tall.
Fancy flying to Europe for a couple of quid?
An article popped up in my Twitter feed yesterday that explains 









