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Chief executive Hein Schumacher wants to separate division as part of turnaround plan

New CEO says the Marmite and Magnum maker is increasing social media marketing from 30 to 50% of total ad spend

Shareholders including activist Nelson Peltz are pressuring consumer giant to boost growth

Consumer goods company says ‘competitiveness remains disappointing’ but returns to positive sales volumes

Hein Schumacher to press ahead with IPO of ice-cream unit as part of turnaround plan for FTSE 100 consumer group

Sudden nature of announcement suggests impatience within

Investor appetite might be whetted for bolder action on the group’s bloated portfolio

Marie Nilsson says joint decisions by employers and unions are at the heart of country’s prosperity

Unite considers exempting some workers from strike action after discussions with Labour leadership

TUC to debate ways to oppose legislation designed to prevent repeat of disruption to public services at special congress