Nestle, the world’s largest packaged food firm, said it would reorganise its infant nutrition business to improve performance, five months after the new CEO listed the category as one of its priorities for growth.

Nestlé plans to cut almost 300 jobs in Britain as it simplifies its operations and moves production of Blue Riband biscuits to Poland, becoming the latest food and drink maker to reduce its UK operations as the country prepares to leave the EU.

Nestle is in talks to merge its international ice cream business with R&R Ice Cream in a €3bn deal, according to a source familiar with the matter, as the world’s biggest packaged food firm focuses more closely on its higher-performing brands.

Paddy Power’s insensitivity about Oscar Pistorius is not the first example of ill-advised advertising, says Dave Kenny