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Unilever ‘would be hit by Brexit’

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Update: 2016-06-16 02:43:10
Unilever ‘would be hit by Brexit’ Photo Courtesy: unilever.co.uk

DHAKA: Past and present Unilever bosses have said the firm would be ‘negatively impacted’ by Brexit.

Economic uncertainty in the event of a UK vote to leave the EU would hit the consumer goods giant, a spokesman said, reports the BBC.

He said Unilever was responding to questions about the future from employees and pensioners.

Some UK bosses have previously said that Britain can be economically successful outside the European Union.

Unilever said in a statement it would still operate and have facilities such as research laboratories in the UK after a Brexit.

But it added, ‘However, the way we run the company may be fundamentally different if the decision were taken to leave the EU’.

A spokesman said it was too early to say what effect Brexit would have on Unilever jobs, hiring, or investment.

However, uncertainty about the knock-on effects on the UK economy could stifle business behavior, the spokesman said.

‘We cannot predict the consequences on the economy and subsequent impact on our operations in the UK,’ the Unilever statement said.

BDST: 1228 HRS, JUN 16, 2016
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