Unilever potentially moving its group head office outside the UK would be a “body blow” to London’s reputation as a business centre, according to Clive Black, head of research at analyst Shore Capital.
Unilever chief executive Paul Polman’s call for the next UK government to review the UK’s ‘overly liberal takeover rules’ in the wake of the failed £115bn bid for his company from Kraft Heinz, has found some support among food and drink finance experts.
Unilever’s top-to-bottom review of its business following the rejection of the £115bn bid from US Kraft Heinz earlier this week is likely to lead to the Anglo-Dutch company disposing of some of its underperforming food business, according to City analysts.
Food manufacturing workers and shoppers should not become “collateral damage” victims of the government’s “chaotic” handling of Brexit, claims the GMB and Unite unions, after Unilever and Tesco rowed over the price of Marmite and PG Tips.
Unilever’s results for the first half of 2016 have shown profitable growth in what it claimed were challenging markets particularly in Europe, where underlying sales were flat and volume growth offset continued price deflation.
Unilever’s relatively flat food business sales for the second quarter (Q2) of the year reported last month and increasing focus on high-end personal care products, will inevitably raise further speculation about its commitment to the sector and the likelihood...
Unilever’s poor food results in its first financial quarter (Q1) update for 2014 remained “disappointing”, affected by the late timing of Easter, but the company’s overall outlook was strong, City analysts have said.
Food manufacturing and consumer goods giant Unilever has demonstrated skill in navigating choppy global waters by delivering a solid performance in its fourth quarter results to December 31, with sales up by 10.5% to €51.3bn and profits up by 7% to €4.9bn.
The long-running pension row at consumer giant Unilever has ended after Unite overruled fellow unions GMB and the Union of Shop Distributive and Allied Workers (Usdaw) and accepted an improved offer from the firm.
Dwindling global resources will force food manufacturers to radically change the way they do business in the next few years, according to Gavin Neath, Unilever’s senior vice president of sustainability.
Pot Noodle manufacturer Unilever is remaining defiant in the row over changes to its pension scheme after the Advisory, Conciliation and Arbitration Service (ACAS) confirmed that talks with the unions would start later this week.
The row over changes to the pension scheme at Marmite manufacturer Unilever has taken a step closer to reconciliation today (February 3) after the Anglo-Dutch consumer giant agreed to resume talks with the unions.
The row over changes to the pension scheme at Anglo-Dutch consumer giant Unilever is set to intensify next month after Unite the Union compared the firm’s latest set of “mind-blowing” profits with its pension policy.