Korean scandal hits Reckitt sales

Reckitt Benckiser toned down its full-year sales outlook after second quarter growth missed estimates due to a scandal over humidifier saniti sers in South Korea. Reckitt, which employs 1,200 employees at its Hull operations, has apologised for its South Korean business selling humidifier sterilisers that were linked to deadly lung infections.

PASTURES NEW: Stephen Martin, chief executive of Clugston Group, has been appointed director general at the Institute of Directors.