FT 18/12/19 | Vox Markets

FT 18/12/19

British American Tobacco (BATS) banned from Instagram vape ads. Regulator finds Vype brand’s Lily Allen posts broke rules on marketing nicotine products

Lombard – Persimmon (PSN) bosses cashed in as fire safety went unchecked. Review calls for housebuilder to change culture after £85m payout

Tullow Oil (TLW) investor raises stake on hopes of recovery. Samuel Dossou-Aworet aims to advise energy explorer after becoming largest shareholder

Lex – Hipgnosis Songs Fund (SONG): not so merky.. Opaque nature of revaluations make investors feel that they, like The Boss, are Dancing in the Dark

Lex – Unilever (ULVR): appetite suppressant. Flagging sales suggest the consumer goods group might need to invest more in the business

Persimmon (PSN) told to overhaul culture after customer complaints. Review of UK housebuilder’s policies also recommends shaking up bonus scheme

Unilever (ULVR) warns it will miss full-year sales targets. Chief executive Alan Jope under pressure after consumer goods group cuts forecasts

Rolls-Royce Holdings (RR.) chief battles with turnround as engine woes persist. ‘The supply chain does not trust them any more,’ says industry executive

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Mentioned in this post

BATS
British American Tobacco
PSN
Persimmon
RR.
Rolls-Royce Holdings
SONG
Hipgnosis Songs Fund
TLW
Tullow Oil
ULVR
Unilever