Unilever, which makes products such as Persil, wants to simplify its structure SIMON NEWMAN/REUTERSFears that Unilever will pick Rotterdam over London as its main base were growing last night after the Anglo-Dutch company said that it expected to complete a review of its structure by the end of March. The move would represent an embarrassing blow to Theresa May’s government as it struggles to present post-Brexit Britain as an ideal home for multinationals. It was first mooted by Unilever, which is behind brands such as Marmite and Persil, last year as a defensive ploy to make itself less vulnerable to takeover after it fended off an unwelcome £115 billion bid from America’s Kraft Heinz. However, the decision now risks becoming highly politicised amid tensions between the UK and the EU over the Brexit negotiations. The Anglo-Dutch company’s unusual…

Source: The Times February 02, 2018 00:00 UTC