Exclusive: Unilever’s Kingston campus plans unveiled October 2, 2020 Plans have been unveiled for a new Unilever headquarters in Kingston-upon-Thames, which will consolidate the conglomerate’s offices across London and Surrey. The developer, Cube Real Estate, has submitted a planning application for a mixed-use redevelopment, including two office buildings, a car park for electric vehicles and new homes. If the scheme is given the green [...]
Facebook, Youtube and Twitter strike deal with advertisers over harmful content September 23, 2020 Facebook, Youtube and Twitter have struck a deal with advertising giants over harmful content, as the Silicon Valley firms attempt to restore relations hammered by this year’s advertising boycott of social media sites. The tech giants will next year launch a new system for overseeing advertising on their sites, based on common definitions of hate [...]
Pandemic provides mixed results for Imperial Leather maker PZ Cussons September 23, 2020 PZ Cussons said the coronavirus pandemic had been beneficial for its soap-making business thanks to increased hand-washing, but that its beauty division had faced some difficulties. Revenue for its first quarter rose 23 per cent, it said today, but overall for the 12 months to the end of August, profit fell 14 per cent. Sales [...]
Unilever’s Dutch shareholders approve London unification plan September 21, 2020 Unilever shareholders in the Netherlands have approved plans to unify its London and Dutch headquarters, ending the company’s dual structure to create a single entity. It now needs to pass a vote by its British investors, which will take place on 12 October. The move was voted on by 99.39 per cent of shares, after [...]
FTSE 100 and US stocks climb as investors regain poise September 9, 2020 The FTSE 100 and US stocks have risen after a bloodbath on global markets yesterday saw big tech names plunge. London’s blue-chip index rose 1.3 per cent to 6,009 points in afternoon trading. The FTSE 250 – the 100’s little brother – fell 0.2 per cent, however. Read more: Tesla shares set for worst day [...]
FTSE 100 jumps as homebuilders cheer surge in UK house prices September 2, 2020 The FTSE 100 jumped as investors welcomed signs of an economic recovery, with homebuilders riding high after UK house prices hit a record level despite the coronavirus pandemic. The UK’s main stock index climbed 1.1 per cent to 5,929 points, having shed almost two per cent yesterday. The FTSE 250 index of smaller firms rose [...]
Unilever to remove all fossil fuels from cleaning products by 2030 September 2, 2020 Consumer goods giant Unilever has today announced that it will remove all fossil fuels from its cleaning products by 2030 as part of a €1bn global investment programme. The Anglo-Dutch firm, which has seen demand for its products jump in recent months due to heightened health concerns brought on by the coronavirus pandemic, said it [...]
WPP to pay dividend even as ad revenues slump due to coronavirus August 27, 2020 Advertising giant WPP has said it will pay an interim dividend of 10 pence a share even as advertising revenues plunged due to coronavirus. The group said trading had improved in July, winning more business than rivals, suggesting the worst was over for the ad group. The figures WPP reported a 12.3 per cent drop [...]
From the modern Babylon to the city of canals: Eurostar goes to Amsterdam August 26, 2020 From October this year, passengers will be able to take the Eurostar from St Pancras right into the heart of Amsterdam, the great Gothic Revival Station Centraal on Stationsplein. It’s an eye-catching headline, and one which conjures up images of connectivity, of grand continental train journeys, comfort, ease and relaxation. It’s true that the London-Amsterdam [...]
The cold blast of popular opinion: ice cream maker Ben & Jerry’s takes on the home secretary August 13, 2020 It was a young political journalist who summed up one of the oddest political storms of the summer so far when she tweeted on Wednesday: “Who had ‘MP argues with ice cream company’ on their 2020 bingo card?” In case you missed it, the story in brief: Priti Patel, the home secretary, has been making [...]