Cadbury sees a 46% rise in profits

[paulham]

Recession?
Cadbury, the confectionery group, yesterday reported a 46% rise in profits during the first half of the year, pointing to the truism that consumers have not stopped spending, they are just trading down. "No matter how bleak economies look, people always go for treats and that's why we have seen no real slowdown," said the company's chief executive, Todd Stitzer.


http://www.guardian.co.uk/business/2008/jul/31/retail.fooddrinks

[oldspice]

That quote reminds me of one of George Orwell's essays where he maintains that cheap fish and chips kept the poor people from starting a revolution.

[loulou]

let them eat cake