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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