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PepsiCo is a famous global food and beverage corporation with a wide range of products from 22 brands, each generating $1 billion in retail sales annually. Founded in 1965 as the result of a merger between Pepsi-Cola and Frito-Lay, the company takes its name after their most popular brand Pepsi. The company also operates such world-famous brands as Lays, Tropicana, Quaker and Performance. Traded on the NYSE, PepsiCo is included into the S&P 100 and the S&P 500 components. All-in-all the company’s team comprises 274,000 people.
Bank of England (BoE) cut rates for the first time in August 2024, with further easing expected in the coming months. But how low are rates likely to go?
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