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Philip Morris Limited (PML), the affiliate of Philip Morris International (PMI) in the UK and Ireland, is stepping-up its fight against the illicit trade with the appointment of Catherine Goger to the role of Illicit Trade Prevention Manager. In this new role, Catherine is responsible for co-ordinating operations to tackle the sale of illicit products in the UK, continuing the company's working relationships with local authorities and supporting PML's Field Force and retail partners. Since joining PMI in 2022, Catherine has led the Fraud Prevention Team at Philip Morris Japan. Prior to PML, Catherine's career involved fighting money laundering and corruption across Latin America, Asia, and Europe. She also held senior positions at Ernst and Young, HSBC and Prudential. Her background in fighting illegal activity makes her well-equipped to understand how illicit operations impact legitimate retailers' businesses and strategies to overcome them.

While a strong dividend is valuable, an ailing company may have to alter its policy on it. Here are four companies with solid dividends that might be in trouble.

News that consumer sentiment dropped to a 31-month low in October despite analysts' predictions prompted losses across the consumer discretionary and consumer staples sectors.