Unilever has ruled out any big acquisitions in the near future following its failed £50 billion takeover of GlaxoSmithKline’s consumer arm as the Dove soap-maker warned it will be dented by soaring inflation.
The consumer giant, which makes products ranging from Marmite to Ben & Jerry’s ice cream, signalled that customers will continue to face higher prices as it seeks to keep a lid on rocketing costs.
