Unilever, M&S and Ikea: Everything that matters this morning

Unilever set to make more aggressive cost cuts
Unilever is considering making medium-sized acquisitions and more aggressive cost cuts as part of a sweeping review. The assessment was done following the attempted Kraft Heinz’s $143bn (£117bn) takeover bid, which could have seen the Anglo-Dutch company swallowed up by the US group.
Graeme Pitkethly, Unilever’s CFO, told an industry conference a week after the approach: “This has certainly been a trigger moment for Unilever.