In the News
Nestle moves production from the UK to Poland
25th April 2017
When it comes to the crunch capital flows to where the risk-adjusted expected returns are highest. Several hundred jobs are at risk in the UK as Nestle announces that production of the Blue Riband chocolate bar is moving from Britain to Poland. Lower unit labour costs , favourable corporate tax rates and a competitive zloty (a floating currency) are three factors behind the move.
Chocolate maker Nestle to cut 298 UK jobs https://t.co/Arm8P0wpqA pic.twitter.com/hJdFsbHp8m
— Sky News Business (@SkyNewsBiz) April 25, 2017
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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