3 ms·
Difficult to say whether these were because of Brexit but: Nissan has doubled down on Sunderland post Brexit Shell has closed its offices in Netherlands on favo
by timellis-smith 5y ago
Difficult to say whether these were because of Brexit but:
Nissan has doubled down on Sunderland post Brexit
Shell has closed its offices in Netherlands on favour of UK as has Unilever.
https://www.reuters.com/business/energy/iss-recommends-shareholders-support-shell-move-uk-2021-11-26/ https://www.reuters.com/business/energy/iss-recommends-share...
https://www.google.com/amp/s/amp.theguardian.com/business/2021/nov/15/shell-move-hq-tax-netherlands-uk https://www.google.com/amp/s/amp.theguardian.com/business/20...
https://www.google.com/amp/s/www.nytimes.com/2021/07/01/business/nissan-battery-factory-britain.amp.html https://www.google.com/amp/s/www.nytimes.com/2021/07/01/busi...
- jacquesm 5y agoShell has only moved because they didn't want to pay dividend tax, and post Brexit the UK has decided that being a tax shelter for multi-nationals may not be the worst move. Whether that is true in the long term remains to be seen, the fact that Shell moves their head office may not be worth as much as losing the rest of the Euro clearing that is happening in London over the next decade or so.