Cadbury goes Swiss to avoid British tax: Move by U.S. bosses will cost Treasury £60 million a year

Daily Mail
"The US owners of Cadbury are to switch control of the company to Switzerland in a move that could deprive Britain of more than £60 million in tax every year.The plan has been hatched by food giant Kraft, which took over the iconic British chocolate manufacturer earlier this year after a bitter £11 billion bid battle.It will see ownership of much-loved Cadbury brands including Dairy Milk, Crunchie and Twirl handed to a holding company in Zurich, where Kraft already has a major base."