A boss who advises the Tories on bringing business to the UK is moving jobs abroad.
Nestle’s UK CEO Stefano Agostini, a member of the UK Investment Council who also advises on levelling up, is overseeing the closure of its northern confectionery factory in Newcastle. The move will cost the UK 475 jobs.
Production of treats such as Fruit Pastilles and Toffee Crisps will shift to the Czech Republic, Poland and Bulgaria, where labour is cheaper. A further 98 staff will go at Nestle’s KitKat plant in York.
