Netherlands politicians ‘unpleasantly surprised’ by firm’s decision to switch from The Hague
The oil giant Shell has sparked a political tussle over the location of its headquarters after announcing it would relocate to London and lose “Royal Dutch” from its name amid a corporate overhaul that has angered the Netherlands.
In a move seized by the UK government as a post-Brexit vote of confidence in the City of London, Europe’s largest oil firm said it would drop a complex dual share structure and move its headquarters and tax residence to the UK.