Unilever urges invoicing in euros

Author (Person)
Series Title
Series Details 21.8.00, p17
Publication Date 21/08/2000
Content Type

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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