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The Latest Breaking News from Unilever

UK credit card debt is ballooning for all the wrong reasons

In normal times consumers spend for gratification – in this cost of living crisis they are spending out of desperation

The Guardian - UK

Unilever Jumps After Nelson Peltz Joins Board

Unilever plc (NYSE: UL) shares traded higher by 8% on Tuesday after the company announced activist investor Nelson Peltz is joining the company's board of directors.

Benzinga

Unilever sees shares bounce as activist investor Nelson Peltz joins board

Mr Peltz was chairman of Procter & Gamble

Birmingham Post

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Unilever shares rise as billionaire investor Nelson Peltz joins board

Hedge fund boss – whose daughter married Brooklyn Beckham – holds 1.5% stake in Unilever

The Guardian - UK

FTSE 100 Live: Brent crude price up again, Nelson Peltz joins Unilever board

Brent crude posted another sharp price rise today after EU leaders moved to ban 90% of Russian oil imports by the end of the year.

Evening Standard

The war on ‘woke capitalism’

Rightwing populists and industry sceptics are mounting a backlash against a vision for business that looks beyond profits

Financial Times

Global energy and funding shocks test climate commitments

Six months after the world agreed in Glasgow to a U.N. climate pact with bold, new targets, political and business leaders facing an energy crisis, volatile markets and an economic downturn are grappling with how to cut carbon emissions.

Reuters

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French dijon mustard supply hit by climate and rising costs, say producers

Poor seed harvests have led to empty shelves at supermarkets in France and global shortages

The Guardian - UK

Beauty and the Bleach: the colonial history of colourism explored in BBC documentary

In a recent BBC documentary, entitled Beauty and the Bleach, presenter Tan France (of Queer Eye fame) tackles the issue of colourism. Also known as pigmentocracy, colourism is defined as discrimination that privileges light-skinned people of colour over their darker-skinned peers.

The Conversation

Fiddling with the energy price cap is the tip of the iceberg. More needs to be done

Ofgem’s more important ideas include ringfencing customers’ deposits – it’s time the regulator got a move on

The Guardian - UK

A living wage increases economic productivity while reducing poverty – new report

It can be difficult to see a way out of the current cost of living crisis. Prices continue to rise, and there are fears that if nothing changes, many families will face serious financial hardship.

The Conversation

‘It’s a time bomb’: Growing anger among Kenyans as Britain refuses to redress colonial landgrab

Warning that Kenyan victims of brutal evictions by British settlers could ‘take matters into their own hands’ as UK ministers refuse to apologise

The Independent UK

Dettol and Durex maker Reckitt joins list of firms upping prices

FTSE giant’s increases echoes those of Nestlé, Procter & Gamble and Unilever

Evening Standard

Warning over price rises as cost of Pot Noodles and Marmite on the rise

'This period of unprecedented inflation requires us to take further pricing action'

Wales Online

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Daily Mirror

Unilever warns of more price rises as cost of Marmite and Pot Noodles goes up

Unilever, whose big brands range from Pot Noodles and Persil to Bovril and Brut, already hiked prices more than 8% in the first three months of this year to offset soaring costs

Wales Online

Makers of PG Tips and Marmite says how much its brands have gone up in price

When Unilever hikes its prices, billions of customers around the world are impacted

Evening Standard

Ben & Jerry’s, Marmite and Persil owner Unilever ups prices by 8% as costs soar

Soaring inflation of raw materials is set to push up Unilever’s costs by €4.8 billion this year

The Guardian - UK

Unprecedented inflation ahead as Ukraine war adds to costs, says Unilever

Rise in energy and ingredient costs suggests consumers will have to pay more for well-known brands

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Evening Standard

Sainsbury profits to slump as it accuses rivals of ramping up prices

SAINSBURY’S today accused rivals of ramping up food prices, exacerbating the cost-of-living crisis as inflation bites hard on family finances.

The Guardian - UK

US economy shrinks unexpectedly; England and Wales insolvencies double; dollar at 20-year high – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

FTSE 100 Live: US economy shrinks, Twitter, McDonald’s, Volvo, Sainsbury’s and Unilever report

The bosses of Sainsbury’s, Whitbread and Unilever have today revealed how consumers are coping with the cost of living squeeze.

Liverpool Echo

Liverpool City Region hopes to generate billions as country's ‘innovation engine’

Unveiled by Metro Mayor Steve Rotheram, the plan aims to showcase and attract investment for projects that could deliver £40bn for the region’s economy

Chronicle Live

Twisters and Mini Milks will no longer be targeted at children

Global company behind kids' summer favourite ice lollies will stop marketing to under-16s from the beginning of next year

Birmingham Post

Unilever's prestige skincare brand backs Boox's Grimsby move as £1m investment plan unveiled

British launch heralded by Ren Clean Skincare - a brand launched in the UK 22 years ago

Evening Standard

Ben & Jerry’s and Hellmann’s owner Unilever to stop advertising to under 16s

The owner of Wall’s and Ben & Jerry’s ice cream will commit by the start of 2023

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