M&S customers in limbo as cyber attack chaos continues
The retail giant’s online business remains suspended with no indication yet when it will be restored.
Deliveroo agrees to £2.9bn takeover by DoorDash
The deal is the latest example of a UK-listed company being taken over by a US rival.
FT Live Unhedged: the Trump effect on markets
FT journalists answered subscriber questions at a subscriber webinar on April 23
Magnum and Ariel makers say prices may rise further amid tariff pressures
Unilever and Procter & Gamble indicate more increases could be on way as Trump policy affects ingredient costs
The companies that make leading brands including Magnum ice-creams, Nescafé coffee and Ariel washing liquid have indicated that more price increases could be on the way as ingredient costs rise amid Donald Trump’s tariff war.
Procter & Gamble, whose products include Pampers nappies and Oral-B toothpaste as well as Ariel, said new US tariffs could cost it up to $1.5bn (£1.1bn) a year, forcing it to put up prices again on top of a 1% year-on-year rise in the first three months of 2025. Prices of the group’s beauty products, which include Olay and Pantene, rose 3% in the quarter.