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Unilever Corporate HQ leaving UK

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By *illwill69u OP   Man
over a year ago

moston

Maybot says it is a nothing...

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By *oyce69Man
over a year ago

Driffield


"Maybot says it is a nothing..."

Well, nothing to do with brexit according to the company.

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By *ubiousOatcakeMan
over a year ago

Aberdeenshire


"Well, nothing to do with brexit according to the company."

Would you say it was, if it could piss off 51% of your customer base?

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By *ouple in LancashireCouple
over a year ago

in Lancashire


"Maybot says it is a nothing...

Well, nothing to do with brexit according to the company."

playing the long game..

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By (user no longer on site)
over a year ago

Many companies relocate offices and Unilever trade throughout the world. Having a head office in Holland may make the take over of other companies by them slightly easier . The important issue for the UK is that the manufacturing plants are performing well , not where the Head Office is .

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By *illwill69u OP   Man
over a year ago

moston

Really a global company that was half British half Dutch has decided it is going to be 100% Dutch (and stay protected by the EU rather than risking it all with up...

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By *est Wales WifeCouple
over a year ago

Near Carmarthen


"The important issue for the UK is that the manufacturing plants are performing well , not where the Head Office is . "

And where are they going to pay tax on any profits I wonder?

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By (user no longer on site)
over a year ago

As far as I am aware they are re locating certain nembers of staff.

Not moving the office at all.

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By *ercuryMan
over a year ago

Grantham

It's relocating it's hard to Rotterdam in order to work within one legal framework.

Job losses are around 10, according to experts, and tax on UK operations will still be paid on the UK.

This decision has been done to simplify the business, and make it harder for any hostile takeover.

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By *illwill69u OP   Man
over a year ago

moston


"As far as I am aware they are re locating certain nembers of staff.

Not moving the office at all."

Not what has just been announced on the news.

but they did say it would make no difference to how much tax is paid in the UK. However I think I will be taking that with a pinch of salt.

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By *igsteve43Man
over a year ago

derby


"As far as I am aware they are re locating certain nembers of staff.

Not moving the office at all.

Not what has just been announced on the news.

but they did say it would make no difference to how much tax is paid in the UK. However I think I will be taking that with a pinch of salt."

Been watching sky or fox again will because bbc reported it exactly as _ercury put it , even had the ceo on confirming it

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By (user no longer on site)
over a year ago

It was on Nicky Campbell this morning 5 live

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By *ercuryMan
over a year ago

Grantham

The Dutch government has been quietly aggressive in attracting large multinationals to the country.

They run a good compliance and governance system, and are proposing to abolish certain taxes such as the Business Dividend withholding scheme.

As Unilever holds around 55% of its holding in The Netherlands, then this was logical move.

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By (user no longer on site)
over a year ago


"The Dutch government has been quietly aggressive in attracting large multinationals to the country.

They run a good compliance and governance system, and are proposing to abolish certain taxes such as the Business Dividend withholding scheme.

As Unilever holds around 55% of its holding in The Netherlands, then this was logical move.

"

So Brexit related or not

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By *ercuryMan
over a year ago

Grantham


"The Dutch government has been quietly aggressive in attracting large multinationals to the country.

They run a good compliance and governance system, and are proposing to abolish certain taxes such as the Business Dividend withholding scheme.

As Unilever holds around 55% of its holding in The Netherlands, then this was logical move.

So Brexit related or not"

No. It has been expected for some months now.

They had to do something before Kraft comes knocking again.

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By (user no longer on site)
over a year ago

Yes it is a shame they are moving their HQ to the Netherlands.

Unilever chief executive Paul Polman said the decision to base two of the company's three divisions in the UK was a vote of confidence in the UK and ensured continued jobs and investment. He pointed to the opening of a new £70m advanced manufacturing centre on the Wirral as evidence of the company's commitment to the UK.

It is the Netherlands not the EU that gives more protection from takeovers. More FUD from the OP.

I'm surprised he hasn't claimed this will cause a drop in benefit payments and was instigated by the Russians.

I'm off to buy some Domestos & Marmite for my prep kit before 1p & 2p go out of circulation causing price rises and the SHTF.

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By *mmabluTV/TS
over a year ago

upton wirral

They ae moving a small head office that is all,nobody is losing there jobs,taxes will still be paid just part of life in this global economy.

If you think it is because of brexit you must be sick in the head.

OP you will be telling me next that the chemical attack had nothing to do with Russia next get a grip

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By *entaur_UKMan
over a year ago

Cannock

Lol, there is a rumour that the beast from the east is coming back at the weekend. Be on the lookout from a post from the OP, blaming it on Brexit, lool.

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By (user no longer on site)
over a year ago

Lol I guess we will find out soon enough, few months to go kids

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By *asyukMan
over a year ago

West London

Of course it was a consideration. It would be irresponsible for Brexit not to be.

Was it the primary reason? Probably not, but one option provides certainty and the other does not. It may have tipped the balance.

Are they going to say that when they sell so much in the UK? Of course not.

Unilever, like Shell is a special case.

Most international companies chose the UK as their European headquarters for all sorts of good reasons. One of them was being in Europe. The clue is in the name.

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By *ophieslutTV/TS
over a year ago

Central

Many other organisations will be moving to places where there is greater certainty and less risk of catastrophe.

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By (user no longer on site)
over a year ago


"The Dutch government has been quietly aggressive in attracting large multinationals to the country.

They run a good compliance and governance system, and are proposing to abolish certain taxes such as the Business Dividend withholding scheme.

As Unilever holds around 55% of its holding in The Netherlands, then this was logical move.

So Brexit related or not"

Not.....sorry to disappoint!

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By *ophieslutTV/TS
over a year ago

Central


"The Dutch government has been quietly aggressive in attracting large multinationals to the country.

They run a good compliance and governance system, and are proposing to abolish certain taxes such as the Business Dividend withholding scheme.

As Unilever holds around 55% of its holding in The Netherlands, then this was logical move.

So Brexit related or not

Not.....sorry to disappoint!"

Most business decisions will be based upon a range of factors, so it's highly likely that brexit had an influence

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By (user no longer on site)
over a year ago

Vauxhall's French parent company PSA has announced an investment in its Luton van-making plant which could eventually see Peugeot and Citroen-branded vans made in the UK.

PSA said Vauxhall's next Vivaro van would be built at the Luton plant.

The investment, which PSA said it made "despite Brexit uncertainties", secures 1,400 jobs beyond 2030

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By *anejohnkent6263Couple
over a year ago

canterbury

lower corporation tax could have something to do with it ...

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By *ercuryMan
over a year ago

Grantham

Luton has a state of the art paint shop, which helped their case. Restrictive labour laws in France was another factor.

Just need Ellesmere Port to get a new Astra build now but I'm not so hopeful on that one.

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By *asyukMan
over a year ago

West London


"Vauxhall's French parent company PSA has announced an investment in its Luton van-making plant which could eventually see Peugeot and Citroen-branded vans made in the UK.

PSA said Vauxhall's next Vivaro van would be built at the Luton plant.

The investment, which PSA said it made "despite Brexit uncertainties", secures 1,400 jobs beyond 2030

"

Good news. "Despite" Brexit uncertainties though. This required a 10% subsidy to secure. We are going to be beaten with that stick forever now. We will be paying for investment that was all but free before.

The reality is that there is not that much uncertainty with trade in goods and commodities (including agriculture) despite the sabre rattling. Although we will end up taking all EU regulations. The biggest problem here will be the content rules for trade with,third party countries. Look them up. It gets complicated.

Where we get stuffed is in services which insist of what this country does.

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By *oncupiscentTonyMan
over a year ago

Kent


"Luton has a state of the art paint shop, which helped their case. Restrictive labour laws in France was another factor.

Just need Ellesmere Port to get a new Astra build now but I'm not so hopeful on that one."

The Boxer/Relay range are assembled at the PSA works in Spain, the only advantage for PSA in Luton is it chops a leg out from under Renault/Nissan

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By (user no longer on site)
over a year ago

Can anyone remember the purchase of the Talbot brand by PSA? They built Peugeot in Coventry - closed it down some years ago. Not saying the same will happen to Ellesmere or if it was bigger than Coventry, but if it's not working they'll close it!

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By *ercuryMan
over a year ago

Grantham


"Can anyone remember the purchase of the Talbot brand by PSA? They built Peugeot in Coventry - closed it down some years ago. Not saying the same will happen to Ellesmere or if it was bigger than Coventry, but if it's not working they'll close it!"

I remember Talbot. Just like British Leyland, it had suffered from years of poorly designed cars , and only the Peugeot 206 kept it going for as long as it did. Ryton built Peugots were considerably more expensive to build than the French ones, and that's what finally did for them.

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By *asyukMan
over a year ago

West London


"Luton has a state of the art paint shop, which helped their case. Restrictive labour laws in France was another factor.

Just need Ellesmere Port to get a new Astra build now but I'm not so hopeful on that one.

The Boxer/Relay range are assembled at the PSA works in Spain, the only advantage for PSA in Luton is it chops a leg out from under Renault/Nissan "

Stop please. You appear to be speaking from a position of knowledge

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By *asyukMan
over a year ago

West London


"Can anyone remember the purchase of the Talbot brand by PSA? They built Peugeot in Coventry - closed it down some years ago. Not saying the same will happen to Ellesmere or if it was bigger than Coventry, but if it's not working they'll close it!"

You too

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By *asyukMan
over a year ago

West London


"Can anyone remember the purchase of the Talbot brand by PSA? They built Peugeot in Coventry - closed it down some years ago. Not saying the same will happen to Ellesmere or if it was bigger than Coventry, but if it's not working they'll close it!

I remember Talbot. Just like British Leyland, it had suffered from years of poorly designed cars , and only the Peugeot 206 kept it going for as long as it did. Ryton built Peugots were considerably more expensive to build than the French ones, and that's what finally did for them."

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By *asyukMan
over a year ago

West London


"Can anyone remember the purchase of the Talbot brand by PSA? They built Peugeot in Coventry - closed it down some years ago. Not saying the same will happen to Ellesmere or if it was bigger than Coventry, but if it's not working they'll close it!

I remember Talbot. Just like British Leyland, it had suffered from years of poorly designed cars , and only the Peugeot 206 kept it going for as long as it did. Ryton built Peugots were considerably more expensive to build than the French ones, and that's what finally did for them."

..and you

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