DEBORAH MARCHINI, CNN ANCHOR: The consumer products giant Unilever is asking its suppliers to quote prices in euros. The move is seen as an endorsement of the single currency which Britain has yet to join.</s>DAVID HAFFENREFFER, CNN ANCHOR: Lionel Barber, of the "Financial Times," joins us now from the "FT"'s London newsroom. Lionel, is this odd for a corporation to take a stand like this?</s>LIONEL BARBER, NEWS EDITOR, "FINANCIAL TIMES": Good morning. No, it's not odd, because Toyota recently announced that they, too, would require their supplies to price in euro. What is interesting is that this is another big company, by the way, the chairman and chief executive, Niall Fitzgerald, is a strong pro-euro supporter. And therefore there's a sense of increasing momentum in Britain on the part of business saying we want the single currency, want the certainty. We don't want a big foreign exchange risk.</s>MARCHINI: Is that so? even though the euro's weakening?</s>BARBER: Well, I think the problem for someone like Toyota is that if you've got supplier in Britain pricing in pounds, with a very strong pound, that's going to cost you a lot. It's going to raise the price of those cars that you want to export to Europe. And I think, therefore, that's why they want to hedge against that risk and go for the single currency. They want -- it's a question of either the European economy, as opposed to just the U.K. domestic market.</s>HAFFENREFFER: All right, Lionel Barber, of the "Financial Times," thanks for joining us on this Monday morning.
'Financial Times': Unilever Asks Suppliers to Bill in Euros, Not Pounds