It’s been less than six months since Marmite maker Unilever was forced to scrap plans to ditch its London HQ and dual structure amid signs of an investor revolt.
British shareholders in particular kicked up a fuss about the plans, which were eventually dropped in October.
But is the Anglo-Dutch giant, now led by Alan Jope who recently took over from Paul Polman, plotting another move?
Asos will unveil its first-half trading update on Tuesday
Ahead of its first-half trading update on Tuesday, analysts at Peel Hunt reckon the upset was more down to a ‘poorly executed Black Friday’ rather than fundamental flaws.
But clearance sales may have hampered progress in the past three months and a return to normal service may have to wait until the second half of Asos’s financial year.
The shares have recovered by more than £10 to £31.50 and Peel Hunt has a target price of £40 – still a long way off the £75 they were a year ago.
Peter Hargreaves still has something to cheer despite Brexit delay
Brexit-Backing billionaire Peter Hargreaves must feel glum about a potential delay to Britain’s departure from the European Union, having given £3.2million of his fortune to the Leave.EU campaign.
He also wanted Britain to leave without a deal, which Parliament voted against last week.
But he does still have something to cheer. On Monday, Hargreaves Lansdown, the fund supermarket he founded with Stephen Lansdown, paid out a 10.3p-a-share dividend, which means £15.7million for the pint-sized Lancastrian, who still owns nearly a third of the FTSE 100 giant.
Contributors: William Turvill and Neil Craven