Renewed talk of a £30bn takeover bid for Reckitt Benckiser prompted shares in the household goods to rise significantly in trading yesterday.

Speculation that Reckitt could be the subject of a combined approach from Colgate and US private equity giant Kravis Kohlberg Roberts drove its value up by 2%.

Unilever and Procter & Gamble have also been touted as potential buyers for the maker of Dettol, Vanish and Cillit Bang, as has Johnson & Johnson.

The news comes after Reckitt last week warned that it would see a slowdown in sales over the final quarter of the year.