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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2010/12/cadbury-set-to-move-to-switzerland.jpg"><img class="alignnone size-full" title="Kraft has confirmed plans to restructure chocolate-maker Cadbury by moving part of the business to Switzerland" src="http://londonglossy.com/wp-content/uploads/2010/12/min-cadbury-set-to-move-to-switzerland.jpg" alt="Kraft has confirmed plans to restructure chocolate-maker Cadbury by moving part of the business to Switzerland"/></a></p>
<p>US food giant Kraft has confirmed plans to restructure chocolate-maker Cadbury by moving part of the business to Switzerland in a move which could reduce its UK tax bill.</p>
<p>Kraft Foods said the reorganisation, which will have no significant impact on its UK staffing levels, would see Cadbury integrated into its existing European business model.</p>
<p>The Guardian reported that the changes being implemented by Kraft, which took over Birmingham-based Cadbury earlier this year, were likely to slash its bill for UK corporation tax.</p>
<p>It is understood that Kraft intends to finalise the changes next year, relocating a small number of key roles to its European headquarters in Zurich.</p>
<p>A spokesman for Kraft said: &#8220;Since 2006 we have been implementing our European model involving a (holding) company based in Zurich together with local companies in country markets.</p>
<p>&#8220;The reorganisation has given us greater focus on our priority brands and has helped us grow faster. We are integrating Cadbury into this model.</p>
<p>&#8220;This involves the transfer of certain roles to Switzerland, though the majority of UK-based roles will remain in the UK.&#8221;</p>
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