Why did Britain’s King Charles strip Cadbury of its royal warrant—for the first time in 170 years?

The theory and practice is that all warrants “die” with the death of the royal issuer. When QE II passed, her 500 or so warrants expired upon her passing. Some, like Cadbury and Lea and Perrins, have held warrants for so long. No one can remember a time when they did not hold one or…