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The Latest Breaking News from Unilever

Marmite and Dove maker’s profits soar on back of price rises

Consumers buy fewer products in cost of living crisis but Unilever’s revenues increase

The Guardian - UK

Nigel Farage says NatWest management ‘should go’ after CEO Rose admits discussing his bank account with BBC – as it happened

Dame Alison Rose admitted to serious error in discussing Nigel Farage’s relationship with Coutts with a BBC journalist.

The Guardian - UK

Unilever hopes inflation has ‘peaked’ but more prices rises still to come

Fresh pressure on Bank of England to put interest rates up again

Evening Standard

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FTSE 100 Live: IMF upgrades UK prospects, shares edge up, pound slips again, Unilever ‘peak inflation’ hopes

Consumer goods giant Unilever, caterer Compass and Games Workshop are among the UK-listed companies reporting today.

Evening Standard

Unilever to comply with Russian conscription law if staff called up

Consumer group says it is aware of rules that could mean its employees in Russia are sent to war in Ukraine

The Guardian - UK

‘Joy and Zen’ of cleaning gives brands TikTok-influenced makeovers

With how-to cleaning videos regularly going viral, Unilever says it’s paying more attention to the ‘hedonics’ of its products

The Guardian - UK

Pot Noodle is making a huge change to its packaging - and it might divide shoppers

Pot Noodle is switching to a new 90% paper pot design, made with FSC certified paper, with an initial 500,000 Chicken and Mushroom flavour pots to feature the new design at Tesco

Daily Mirror

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'The Feckless 400': These companies are still doing business in Russia–and funding Putin’s war

'While there is very little transparency, our best estimate is that the Feckless 400 represent at least $200 million in Russian revenues.'

Fortune

Russia-Ukraine war: List of key events, day 496

As the war enters its 496th day, these are the main developments.

Al Jazeera

Russia-Ukraine war: at least 19 injured in drone attack; US ambassador meets with jailed reporter Evan Gershkovich in Moscow – as it happened

Child among people injured in attack in Sumy; Lynne Tracy visits Wall Street Journal reporter in prison after court upholds FSB request to extend his detention

The Guardian - AU

Unilever named ‘international sponsor of war’ by Ukraine

Protest at London HQ highlights taxes company pays in Russia and new law requiring it to contribute to war effort

The Guardian - UK

Marmite launches Pyramid jar tribute to Elton John’s Glastonbury set

Famous brand lines up charity auction ahead of Glastonbury performance

Evening Standard

How companies can build a winning 'Deep Tech' strategy

To transition from the old to the new, businesses must learn to develop strategies that have deep tech at their core.

Fortune

Plastics are in our air, food, and water. A reckoning is coming–and smart businesses can see it

The clear call to reduce total new plastic production is novel–and vital, writes Paul Polman. But oil lobbyists are trying to undermine it.

Fortune

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Wales Online

Animal testing for make-up restarts in UK after 25-year ban

It follows a case brought in the High Court

Barchart

Chart of the Day: Unilever is a Leader in the Consumer Goods Sector

The Chart of the Day belongs to the consumer goods company Unilever (UL) . I found the stock by using Barchart's powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart...

Evening Standard

Unilever shareholders revolt against CEO’s €5.1 million pay packet

Shareholders representing 58% of voting shares rejected the policy

Fortune

YouTube to ad execs: We’re the ‘home of Gen-Z’

At YouTube's 2023 NewFront presentation it appealed to advertisers by promising the attention of this young consumer segment.

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Bangkok Post

Consumers hold recession fears at bay

Heightened worries about the strength of consumers and the global economy have been put on hold -- at least for now -- after some of the world's best-known companies delivered a slew of better-than expected numbers.

The Guardian - UK

Sainsbury’s and Unilever deny claims of profiteering in cost of living crisis

Supermarket chain and consumer goods company insist they are protecting shoppers from inflation surge

Evening Standard

Price rises drive sales growth for Marmite maker Unilever, but CEO says ‘we did it responsibly’

CEO Alan Jope added that the company would rather ‘shrinkflate’ than raise prices

Birmingham Post

Unilever reports a strong start to the year against the challenging consumer climate

The consumer goods company has sites in London, Surrey and Gloucestershire

Evening Standard

FTSE 100 Live: US GDP much lower than expected; FTSE closes at 7832; Wall Street starts strong

A bumper session of blue-chip results today features first quarter figures from Barclays, Unilever, AstraZeneca, London Stock Exchange and Taylor Wimpey.

Insider UK

CBI suspends policy and membership activities after exodus

A second unnamed employee alleged that she had been raped by a colleague in an article on Friday

Evening Standard

CBI future in doubt as firms end relationships amid rape allegations

NatWest Group, the John Lewis Partnership, Unilever, BMW and Virgin Media O2 are among the latest UK businesses to cancel their involvement with the CBI

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