| Author (Person) | Crooks, Ed |
|---|---|
| Series Title | Financial Times |
| Series Details | 21.8.00, p17 |
| Publication Date | 21/08/2000 |
| Content Type | News |
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Unilever, the Anglo-Dutch food and household products group, is 'encouraging' its UK suppliers to invoice in euros. The company insists it is not forcing anyone to do so, but already 20% of its purchasing in the UK is priced in euros. The news is another example of 'euro creep', the slow adoption of the euro as a parallel currency in Britain, following Toyota's announcement in August 2000 that some of its British suppliers would be asked to bid for contracts in euros. |
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| Subject Categories | Economic and Financial Affairs |