Inflation drives up UK debt bill; Price rises boost Unilever sales – business live

Fitch warns the UK is facing the highest debt interest costs in developed world, as a share of revenue

Emma-Lou Montgomery, associate director from Fidelity Personal Investing’s share dealing service says:

“From Tresemmé to Dermalogica and back to Dove, a determined focus by shoppers all over the globe on personal care has seen sales rise at Unilever.

“From the basics such as deodorant (delivering double-digit growth), to high-end beauty launches by the likes of Dermalogica and Paula’s Choice, first-half operating profits rose by 3.3% to €5.2 billion, as consumers simply paid more for the products they wanted.

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