CBI exodus: Which firms have quit or suspended their relationship with the lobby group? April 21, 2023 A slew of top firms have quit or suspended engagement with the CBI today after the lobby group was rocked by new allegations of sexual abuse.
FTSE 100 live: London index steady as China growth target disappoints investors March 6, 2023 The FTSE 100 has barely moved this morning, after China disappointed investors with modest growth targets for the year.
Durex and Lysol owner Reckitt sees revenue top £14bn as consumers continue to choose branded medicine over generic ‘cheaper’ drugs March 1, 2023 Durex owner Reckitt Benckiser has said it was entering the year as a “strengthened business” after reporting a strong sales increase for the year led by its nutrition business. The UK company, which also owns other brands including Dettol, saw net revenue growth for the year up 9.2 per cent to £14.45bn. Revenues in its [...]
Sacked: Football clubs change chiefs at four times the rate of top UK firms December 29, 2022 Football clubs have proved they are a more ruthless group than Britain’s biggest firms this year as top clubs sacked their bosses at four times the rate of FTSE-100 firms.
Subsiding pandemic hits revenue for hygiene products from Reckitt Benkiser October 26, 2022 Hygiene products took a hit for producer of health and nutrition products Reckitt Benckiser, as the firm recorded strong revenue growth elsewhere. The UK-Dutch firm based in Slough reported like-foxlike growth of 7.4 per cent in the third quarter of the year, pulled up by a surge in nutrition and health products. Known for producing [...]
Reckitt chief Laxman Narasimhan steps down September 1, 2022 Consumer goods giant Reckitt Benckiser announced today that chief Laxman Narasimhan will step down from his role at the end of this month as he moves back to the US “for personal and family reasons”.
Sorrell set to call in former WPP Colin Day to help with S4 stock turnaround August 1, 2022 Sir Martin Sorrell is expected to call in former WPP exec Colin Day to help bolster S4 Capital's capabilities this week as the marketing giant battles a plunging share price.
Reckitt Benckiser announces strong revenue growth as it tackles inflation in the first half July 27, 2022 Reckitt Benckiser reported strong revenues and performance in the first half of 2022 as it continues to tackle the challenging inflationary pressures gripping the global economy. The consumer goods company reported a revenue growth of 8.6 per cent to £3.5bn and saw continued broad-based growth across all of its business units and geographies. Adjusted operating profit [...]
Ex-GSK Haleon lands on London market despite economic turbulence July 18, 2022 Haleon, GlaxoSmithKline’s (GSK) former consumer health division, will list on the London market today as a standalone entity. It is a sign of changing tides on the London Stock Exchange, which for years has heavily relied on oil, mining and financial firms. The new FTSE healthcare heavyweight, which awaits a response on its application to [...]
City deal: Goodway Group snaps up Canton with key role for former Havas exec Paul Frampton-Calero July 8, 2022 Goodway Group told City A.M. this morning it has reached an agreement to buy UK-based Canton Marketing Solutions. The business will be merged with its marketing transformation consultancy Control v Exposed (CvE), which is run by ex-Havas Media Group CEO, Paul Frampton-Calero. Canton’s co-founders Rob Webster and Nick King both join the CvE leadership team [...]