News

The City had its eye on the break-up of consumer goods giants yesterday as Unilever and Reckitt Benckiser were in the spotlight.

PricewaterhouseCoopers loses £18 million Unilever contract to rival KPMG

Unilever has announced plans to ditch PricewaterhouseCoopers after 27 years and is set to move its  £18 million a year audit to rival KPMG.

Years younger! Low blood pressure linked to women who don't look their age

Small study finds those with lowest cardiovascular risk looked two years younger than those n other groups

Market Report: Unilever troubles hit consumer firms

A slowdown in the once lucrative emerging markets business of Unilever dragged the rest of the consumer goods sector down with it yesterday as punters took fright.

City sends Unilever into £3bn dive on profit woes

Nearly £3 billion was wiped off the value of the Dove to Hellmann’s business Unilever today in the wake of the consumer goods giant’s shock profit warning.

Unilever issues profit warning over collapsing currencies in 'emerging markets'

Unilever, the Magnum ice cream to Dove soap giant, issued a profit warning last night, blaming the collapsing currencies in so-called “emerging markets” such as Brazil and India.

'Uh Dad, I'm gay': Unilever distances itself from ‘homophobic’ Flora advert

Commercial seemed to suggest that receiving news that your child is gay was comparable to receiving a bullet to the heart

Marmite trended on Twitter

ASA gives Marmite all clear over controversial 'animal cruelty' ad

The advertising watchdog has decided not to investigate Marmite's controversial “animal cruelty” ad after receiving 504 complaints from the public.

Men's bonuses more than twice size of women's: Male managers take home £140,000 more in a lifetime

And the gap in salaries is also widening despite 43 years of the Equal Pay Act, new survey reveals

Jim Armitage: Take our economies off their stimulants and they aren't really growing at all

Outlook: We are right to take some cheer from the latest run of official statistics. The evidence is mounting that our economy is, albeit very slowly, moving in the right direction.

Unilever raises stake in Indian subsidiary

Unilever has raised its stake in Indian subsidiary Hindustan Unilever but fallen short of the 75% threshold it had originally targeted. 

Outgoing Diageo boss Paul Walsh off in direction of Compass

Paul Walsh confirmed his move to swap booze for food today, with the outgoing Diageo boss becoming catering giant Compass Group’s new chairman. Mr Walsh, who will be replaced at Diageo by Ivan Menezes in July after more than 12 years at the helm of the maker of Guinness and Tanqueray gin, will join Compass as a non-executive director next January and will become chairman on 6 February.

From Smirnoff to strawberries: Walsh lands new role has Compass chairmanship on the menu

Paul Walsh, the mastermind behind the global expansion of the Smirnoff and Johnnie Walker maker Diageo, is expected to take the chair at the caterer Compass as he retires from the drinks giant next year.

Tyrrells crisps are up for grabs at £100m

Tyrrells, the maker of crisps loved by Middle England, has whetted the appetite of private-equity firms to buy the business for about £100m.

The Business Matrix: Thursday 2 May 2013

Weak exports hit manufacturers

The Business Matrix: Wednesday 1 May 2013

Unilever heads for a £3.4bn India deal

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Synagogue attack: Fear unites both sides of Jerusalem as minister warns restoring quiet could take 'months'

Terror unites Jerusalem after synagogue attack

Rising violence and increased police patrols have left residents of all faiths looking over their shoulders
Medecins sans Frontieres: The Ebola crisis has them in the headlines, but their work goes far beyond West Africa

'How do you carry on? You have to...'

The Ebola crisis has Medecins sans Frontieres in the headlines, but their work goes far beyond West Africa
Isis extends its deadly reach with suicide bombing in Kurdish capital

Isis extends its deadly reach with suicide bombing in Kurdish capital

Residents in what was Iraq’s safest city fear an increase in jihadist attacks, reports Patrick Cockburn
Underwater photography competition winners 2014 - in pictures

'Mysterious and inviting' shot of diver wins photography competition

Stunning image of cenote in Mexico takes top prize
Sir John Major: Negative West End portrayals of politicians put people off voting

Sir John Major hits out at theatres

Negative West End portrayals of politicians put people off voting
Kicking Barbie's butt: How the growth of 3D printing enabled me to make an army of custom-made figurines

Kicking Barbie's butt

How the growth of 3D printing enabled toy-designer to make an army of custom-made figurines
Will Smith's children have made waves with a gloriously over-the-top interview, but will their music match their musings?

What are Jaden and Willow on about?

Will Smith's children have made waves with a gloriously over-the-top interview, but will their music match their musings?
Fridge gate: How George Osborne keeping his fridge padlocked shows a frosty side to shared spaces

Cold war

How George Osborne keeping his fridge padlocked shows a frosty side to shared spaces
Stocking fillers: 10 best loo books

Stocking fillers: 10 best loo books

From dogs in cars to online etiquette, while away a few minutes in peace with one of these humorous, original and occasionally educational tomes
Malky Mackay appointed Wigan manager: Three texts keep Scot’s rehabilitation on a knife-edge

Three texts keep Mackay’s rehabilitation on a knife-edge

New Wigan manager said all the right things - but until the FA’s verdict is delivered he is still on probation, says Ian Herbert
Louis van Gaal: the liberal, the enemy and... err, the poet

Louis van Gaal: the liberal, the enemy and... err, the poet

‘O, Louis’ is the plaintive title of a biography about the Dutchman. Ian Herbert looks at what it tells us about the Manchester United manager
Isis in Iraq: Baghdad hails the retaking of the Baiji oil refinery as the start of the long fightback against the Islamist militants

Isis takes a big step back

Baghdad hails the retaking of the Baiji oil refinery as the start of the long fightback against the Islamist militants
Bill Cosby: America’s beloved TV ‘dad’ or serial rapist?

Bill Cosby: America’s beloved TV ‘dad’ or serial rapist?

Ukip silk bow ties, Green Party T-shirts, and 'Iron Baby' romper suits: How to shop politically

How to shop politically

Ukip silk bow ties, Green Party T-shirts, and 'Iron Baby' romper suits
The science of sex: What happens when science meets erotica

Sex on the brain

Fetishes, dominatrixes, kinks and erotica. They are subjects that should get the crowds flocking to a new exhibition at the Wellcome Collection