Good morning. In the news today, July 26, The Times reports that some of Unilever’s best-known brands, including Marmite, Pot Noodle and Bovril, could be sold if they fail to “have a purpose”, the consumer group’s boss warned yesterday.
In the Financial Times, creditors to Patisserie Valerie have appointed a new administrator to succeed KPMG, raising the prospect of legal claims against the failed UK bakery chain’s auditor Grant Thornton.
Profits rise at Google parent Alphabet but Amazon record ends
High street decline is worst for eight years
Game of Thrones plays well for Diageo
Imperial Brands agrees £75m partnership with Auxly Cannabis Group
Gucci’s slowing sales hold back Kering Group
Is Diageo’s £4.5bn capital return to investors a short measure?