Drinks break for slimmer Cadbury

Dairy Milk maker Cadbury today began life once more as a pure confectionery firm after spinning off its American drinks arm.

Shares in the chocolate giant were trading in London as Cadbury after the group dropped the Schweppes joint branding following a decision to demerge the drinks business, Dr Pepper Snapple, through a listing on the New York Stock Exchange, due to take place on May 7.