Starbucks to move Europe HQ to UK

File photo dated 13/08/2013 of Starbucks takeaway cups at a  Starbucks in central London, as the coffee shop chain announced it is moving its European headquarters from the Netherlands to the UK following a row over tax avoidance. PRESS ASSOCIATION Photo. Issue date: Wednesday April 16, 2014. Starbucks announced it would

%VIRTUAL-SkimlinksPromo%Starbucks is moving its European headquarters from the Netherlands to the UK following a row over tax avoidance.

The coffee shop chain announced it would "pay more tax in the UK" when its regional head office is relocated from Amsterdam to London by the end of the year.
A "modest" number of senior executives will move to London so the firm will be "better able to oversee the UK market", the company said in a statement.

The regional offices of its Middle East and Africa businesses will also be moved to the UK capital.

Kris Engskov, Starbucks' president of Europe, the Middle East and Asia, said: "Closer proximity to our biggest market will be critical to our success as we grow our business across Europe and the globe."

Concern over the amounts paid by the likes of Starbucks, Google and Amazon has drawn political attention to the question of how multibillion-pound corporations structure their tax affairs.

The company told MPs in 2012 it had made a loss for 14 of the 15 years it has operated in the UK, achieving just a small profit in 2006.

In a fiery showdown with the Commons Public Accounts Committee in 2012, Starbucks insisted it was ''an extremely high taxpayer'' globally and acted ''to an ethical'' as well as a legal standard, despite
declaring losses on its UK operation.

Last year the firm paid corporation tax in the UK for the first time since 2008, as it committed to pay £20 million over two years.

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Starbucks to move Europe HQ to UK

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Most of the companies on this list are household names. However, comparatively few people have heard of Olam International, despite it being one of the world's largest agricultural commodity companies.

In fact, it produces enough cotton to keep everyone in the world in socks (three pairs per person, per year).

Fans of chocolate bars such as Mars are also sure to have consumed chocolate made from beans handled by Olam - they just don't realise it.

Headquartered in Singapore, Olam was founded in 1989. It now purchases ingredients such as coffee and cocoa from around 3.5 million smallholder famers based in emerging markets around the world. This enables it to work with communities in rural Africa and Asia on everything from productivity to environmental impact, resulting in a potentially huge impact on some of the world's poorest people.

Love them or hate them, Starbucks coffee shops are everywhere nowadays. Hardly surprising when you consider that the company has opened an average of two stores a day since 1987 (despite having to close some locations down too).
However, back in 1971 there was just one Starbucks coffee shop, in Seattle, Washington.
Named after Starbuck, the first mate on the whaling ship in the novel Moby Dick, the shop originally sold roasted coffee, but did not brew coffee to sell.
Now, though, you can get everything from a blueberry muffin to a mocha frappuccino from your local Starbucks store.

According to the company the white ribbon was introduced under the name in 1969. When competitors first entered the market, Coke made much of its curved bottle design which distinguished it from those that followed. As fewer and fewer people drank from bottles, the ribbon was produced as an alternative distinctive curve.

According to mokokoma, the apple is the fruit of the tree of knowledge. There is some question as to whether the bite taken out of it is a play on the word byte, symbolism of the fruit being eaten and the knowledge imparted, or just to make it look more like an apple and less like a cherry tomato.


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