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Marmite, a quintessentially British product, is a Unilever brand. Photo: Ben Stansall / AFP via Getty Images

Consumer products behemoth Unilever, the United Kingdom's third biggest company by market value, has chosen the Netherlands over the U.K. as its sole headquarters, per the NYT. The company has long had a relatively unique setup with dual headquarters in both countries, though its complex corporate structure hindered its financial agility — illustrated by the withdrawn $143 billion takeover offer from Kraft Heinz last year.

Why it matters: While the move won't result in the loss of any U.K. jobs, it is sure to signal to some observers a lack of confidence in Britain given the uncertainty surrounding the scope of Brexit. Though, according to the FT, Prime Minister Theresa May is comfortable with Unilever's decision: "Mrs. May is adamant that the Unilever move has nothing to do with Brexit and felt vindicated by comments from Paul Polman, chief executive, that it was not a factor in the decision."

Go deeper

Mike Allen, author of AM
6 hours ago - Politics & Policy

Biden adviser Cedric Richmond sees first-term progress on reparations

Illustration: "Axios on HBO"

White House senior adviser Cedric Richmond told "Axios on HBO" that it's "doable" for President Biden to make first-term progress on breaking down barriers for people of color, while Congress studies reparations for slavery.

Why it matters: Biden said on the campaign trail that he supports creation of a commission to study and develop proposals for reparations — direct payments for African-Americans.

Cyber CEO: Next war will hit regular Americans online

Any future real-world conflict between the United States and an adversary like China or Russia will have direct impacts on regular Americans because of the risk of cyber attack, Kevin Mandia, CEO of cybersecurity company FireEye, tells "Axios on HBO."

What they're saying: "The next conflict where the gloves come off in cyber, the American citizen will be dragged into it, whether they want to be or not. Period."

Cedric Richmond: We won't wait on GOP for "insufficient" stimulus

Top Biden adviser Cedric Richmond told "Axios on HBO" the White House believes it has bipartisan support for a stimulus bill outside the Beltway.

  • "If our choice is to wait and go bipartisan with an insufficient package, we are not going to do that."

The big picture: The bill will likely undergo an overhaul in the Senate after House Democrats narrowly passed a stimulus bill this weekend, reports Axios' Kadia Goba.