US food giant Kraft is set to raise its £10bn (€11.3bn) hostile takeover bid for Dairy Milk maker Cadbury in the next two weeks, it was reported today.

US chocolate giant Hershey has lined up more than £4bn (€4.4bn) in financing to launch a rival bid for Dairy Milk maker Cadbury, it was reported today.

The relaunch of the Wispa bar today helped chocolate firm Cadbury deliver an 11% hike in quarterly revenues from its UK and Irish business.