We cannot allow Azerbaijan’s vile human rights abuses to be redeemed by hosting Cop29 September 27, 2024 Twelve months on from Azerbaijan’s illegal arrest of 23 Armenian leaders, the world needs to take a cold hard look at its human rights abuses, writes Paul Polman
With London IPOs on the wane, the private equity market needs to stay competitive September 27, 2024 Private equity deals have gone through a rocky patch but there is still plenty of capital looking for a home, says Edwin Richards Whilst popular in decades gone by, the age of the conglomerate has long been over. Most investors want to decide which sectors they invest in and want to be associated with champions [...]
Fashion brands told to ‘stay on the right side of the law’ amid greenwashing claims September 18, 2024 Some of the most high-profile fashion brands in the UK have been warned to be clearer on their green credentials by the UK competition watchdog as it clamps down on misleading marketing. The Competition and Markets Authority (CMA) has issued a new sustainability compliance guide for retailers and told 17 brands to review their practices. [...]
UK at risk of losing out on Unilever ice-cream float September 15, 2024 The UK is at risk of losing out on a key deal for London because it hasn’t appointed an investment minister, according to a former Barclays chairman. Gerry Grimstone, who also worked as investment minister at the Treasury from 2020-2022, said that Labour’s lack of focus on boosting the UK’s stock market may see Unilever’s [...]
Venture capital firm launches UK’s only fund for British pensions September 2, 2024 A venture capital firm has launched the first-ever fund devoted to helping UK pension funds invest in British start-ups and scale-ups. Future Planet Capital’s new British Co-Investment Fund (BCF) will channel pension investment into some of the UK’s fastest growing and most innovative businesses in a move that has been praised as “much-needed” by start-ups [...]
Unilever considers sale of Kate Somerville’s skincare line August 27, 2024 Kate Somerville’s premium skincare brand has become the latest Unilever brand to go up for sale as the group continues its restructuring plan announced earlier in the year. As well as Somerville’s eponymous facialist line, which the FTSE-100 giant has owned since 2015, it is also looking to offload sensitive-skincare specialist REN Skincare, according to [...]
Big firms return to CBI after sexual misconduct scandal and overhaul August 26, 2024 A number of major British companies have renewed their engagement with the CBI as the lobby group looks to rebuild its membership.
Cristiano Ronaldo launches own YouTube channel with two-letter name August 21, 2024 Cristiano Ronaldo has today launched his own YouTube channel called UR, promising that it will allow him to “engage further with his global fanbase”. The football superstar is already the most-followed person on social media platforms, a position that has helped to make him the world’s best paid athlete. On his YouTube channel, Ronaldo says [...]
Unilever triples spend on video game ads to target younger audience August 15, 2024 Consumer goods giant Unilever is betting big on gaming to help it advertise to elusive younger audiences. The company, which owns a host of household name brands including Lynx and Dove, has poured money into its in-game advertising department over the past three years, tripling its spend since 2021. It now has a team of [...]
Can the UK’s stock market produce another £200bn company? August 14, 2024 Seismic events or a shift in valuations are likely necessary for more UK stocks to be worth £200bn, analysts have told City A.M., after Astrazeneca became the first company in six years to pass the milestone.