| Unilever demanding 10% more from Tesco 23:11 - Oct 12 with 2816 views | pikeypaul |
For all sales due to the fall in the value of the pound.
Expect a sharp increase in the prices at all grocery stores due to the amount they import.
I wonder if the Poundshop is to be re named £1.20 shop.
The one good thing is that inflation will go up so the pensioners will get a bigger
increase in their OAP 😉 [Post edited 12 Oct 2016 23:18]
|  |
| |  |
| Unilever demanding 10% more from Tesco on 23:19 - Oct 12 with 1553 views | Brynmill_Jack |
Global capitalism eh. What a c*nt of a concept.
Maybe now they'll start to empathise with ll of the small dairy producers they've got milk off for next to nothing. It's a tough world out there! The Irony eh. [Post edited 12 Oct 2016 23:21]
|  |
| Each time I go to Bedd - au........................ |
| |
| Unilever demanding 10% more from Tesco on 23:29 - Oct 12 with 1541 views | pikeypaul |
Yes milk £1 for 4 pints good deal that,it's one of the only things I buy there these days.I find Tesco about 30% more expensive and worse quality than Lidl and Aldi who's fruit and veg and meat are far better quality.
I love Tesco being screwed over by Unilever I hate the company. [Post edited 12 Oct 2016 23:32]
| |
| |
| Unilever demanding 10% more from Tesco on 01:12 - Oct 13 with 1478 views | Dyfnant |
| Unilever demanding 10% more from Tesco on 23:19 - Oct 12 by Brynmill_Jack |
Global capitalism eh. What a c*nt of a concept.
Maybe now they'll start to empathise with ll of the small dairy producers they've got milk off for next to nothing. It's a tough world out there! The Irony eh. [Post edited 12 Oct 2016 23:21]
|
Small milk producers are like rocking horse crap in the UK |  |
| |
| Unilever demanding 10% more from Tesco on 01:15 - Oct 13 with 1473 views | Dyfnant |
Tesco simply stop selling Unilever's stuff, the threat will be enough.
This could all encourage these firms to actually produce stuff in the U.K again | |
| |
| Unilever demanding 10% more from Tesco on 06:41 - Oct 13 with 1420 views | Lord_Bony |
| Unilever demanding 10% more from Tesco on 01:15 - Oct 13 by Dyfnant |
Tesco simply stop selling Unilever's stuff, the threat will be enough.
This could all encourage these firms to actually produce stuff in the U.K again |
Thats one of the ideals of Brexit...to actually produce and purchase our own stuff here in the uk. A lot of retailers may find it more favourable to buy from home. |  |
| |
| Unilever demanding 10% more from Tesco on 07:40 - Oct 13 with 1370 views | dickythorpe |
I'm not a fan of tesco and neither of unilever.
Any budding entrepreneurs out there have a golden moment to create a " local" cooperative to screw over a big supermarket and global buying group.
However I believe the government will have to intervene here as it's going to deprive the public of choice and cause a possible food/ item shortage that will effect takings, profit and stock exchange performance. [Post edited 13 Oct 2016 7:42]
|  | | |
| Unilever demanding 10% more from Tesco on 08:15 - Oct 13 with 1337 views | pikeypaul |
It's not the place for government to intervene two PLCs trading with each other, if the buyer(Tesco) thinks the price is to high they do not buy and stock different products if they think they can not do without the products they buy off Unilever.
Unilever are gambling that Tesco will cave in and pay up.No doubt Tesco bosses are currently in talks with the likes of Asda,Sainsbury's,Morrisons,etc if they all stick together then Unilever have a problem. | |
| |
| Unilever demanding 10% more from Tesco on 08:36 - Oct 13 with 1315 views | Nookiejack |
The U.K. has been living beyond its means for years. The Trade deficit is 7.5% of GDP which is an enormous sum so a downwards adjustment of the exchange rate was going to happen - it was just a matter of time and Brexit has now been the catalyst.
To finance the 7.5% deficit the UK has been selling off all its assets. Not many large UK companies are now domestically owned, 50% of Central London property is owned by offshore companies, Swansea City now owned by Americans etc.
A fall in the exchange rate will reduce people's standard of living as imported goods will now be10% to 15% more expensive. Especially when the currency hedges expire. However as said above opportunity to increase domestic production and retailing.
Debt is essentially bringing forward future consumption forward to today. Which then means less consumption in the future. The U.K. has been living beyond its means which means less consumption in the future. Eventually a material adjustment to the exchange rate had to occur if we had remained or through Brexit. At least by having our own exchange rate - unlike Greece - gives an opportunity of recovering in future even if we have to go through pain in short term. |  | | |
Login to get fewer ads
| Unilever demanding 10% more from Tesco on 09:00 - Oct 13 with 1283 views | pikeypaul |
Try telling the ever increasing numbers who have to visit food banks every day that they are living beyond their means.
The country is going down hill fast with the gap between rich and poor widening like never before.
But that is perfect for business owners who have a ever expanding pool of desperates
who will work for low pay and bad conditions and not say anything knowing there are
1000s waiting to take their job.
Take a walk around any city centre and see the amount of beggars there are siting on
the pavements and this is in the 5th richest country in the world. | |
| |
| Unilever demanding 10% more from Tesco on 09:13 - Oct 13 with 1272 views | Nookiejack |
| Unilever demanding 10% more from Tesco on 09:00 - Oct 13 by pikeypaul |
Try telling the ever increasing numbers who have to visit food banks every day that they are living beyond their means.
The country is going down hill fast with the gap between rich and poor widening like never before.
But that is perfect for business owners who have a ever expanding pool of desperates
who will work for low pay and bad conditions and not say anything knowing there are
1000s waiting to take their job.
Take a walk around any city centre and see the amount of beggars there are siting on
the pavements and this is in the 5th richest country in the world. |
Trade deficit is 7.5% of GDP we have to borrow internationally to finance our domestic consumption. We are consuming more than our income. Hence comment living beyond our means.
Agreed Income equality has widened enormosuly through process of globalisation.
Maybe QE should be spent on Swansea tidal barrage with renewable energy for the future instead of investing it in Apple corporate bonds.
If the exchange rate doesn't bounce back there is going to be a large rise in inflation and going to put Mark Carney of the Bank of Englnad in a very tricky position as he can't increase interest rates given enormous debt levels that have been built up in the UK. | | | |
| Unilever demanding 10% more from Tesco on 09:15 - Oct 13 with 1270 views | blueytheblue |
Unilever are chancers.
So the pound and Brexit have caused an increase in the cost of producing Marmite, eh?
Marmite is produced solely within the UK using UK sourced ingredients. | |
| |
| Unilever demanding 10% more from Tesco on 09:18 - Oct 13 with 1262 views | Nookiejack |
The Remain camp are going to blame fall in the exchange rate and increased prices in the shops on Brexit. However the Country has been running a 7.5% of GDP trade deficit and it appears to keep on growing. A large downward adjustment to the exchange rate had to eventually occur. In or out of EU. | | | |
| Unilever demanding 10% more from Tesco on 09:22 - Oct 13 with 1256 views | Nookiejack |
| Unilever demanding 10% more from Tesco on 09:15 - Oct 13 by blueytheblue |
Unilever are chancers.
So the pound and Brexit have caused an increase in the cost of producing Marmite, eh?
Marmite is produced solely within the UK using UK sourced ingredients. |
In the short term import prices will be flat due to firms previously taking out current hedges. In the longer term if the exchange rate doesn't bounce back there will inevitably be a big rise in prices - until we can start producing more in UK. | | | |
| Unilever demanding 10% more from Tesco on 09:24 - Oct 13 with 1246 views | blueytheblue |
| Unilever demanding 10% more from Tesco on 09:22 - Oct 13 by Nookiejack |
In the short term import prices will be flat due to firms previously taking out current hedges. In the longer term if the exchange rate doesn't bounce back there will inevitably be a big rise in prices - until we can start producing more in UK. |
Uk production does need to increase. You will however get companies like Unilever "blaming" brexit for them having to increase prices - in the case of Marmite, it's a bare faced lie. | |
| |
| Unilever demanding 10% more from Tesco on 09:25 - Oct 13 with 1243 views | pikeypaul |
Unilever have a market cap of £110 billion hardly a bunch of 'chancers'.
They dwarf Tesco who at a guess are worth around £15 billion. | |
| |
| Unilever demanding 10% more from Tesco on 09:29 - Oct 13 with 1239 views | dickythorpe |
| Unilever demanding 10% more from Tesco on 08:15 - Oct 13 by pikeypaul |
It's not the place for government to intervene two PLCs trading with each other, if the buyer(Tesco) thinks the price is to high they do not buy and stock different products if they think they can not do without the products they buy off Unilever.
Unilever are gambling that Tesco will cave in and pay up.No doubt Tesco bosses are currently in talks with the likes of Asda,Sainsbury's,Morrisons,etc if they all stick together then Unilever have a problem. |
I think the media will get hold of this and "ramp it up" to such a level that the Government will have to "have a word"
Consumer choice is everything in this utopian Britain we live in! | | | |
| Unilever demanding 10% more from Tesco on 09:44 - Oct 13 with 1217 views | pikeypaul |
So who are they going to have a 'word' with?
Tell Tesco to pay the extra 10%
Or
Tell Unilever who are Dutch company to put their prices down.
Unilever will tell them to FO it's none of your business what we charge for our products
and Tesco will say we will buy what we want. | |
| |
| Unilever demanding 10% more from Tesco on 09:53 - Oct 13 with 1205 views | blueytheblue |
| Unilever demanding 10% more from Tesco on 09:25 - Oct 13 by pikeypaul |
Unilever have a market cap of £110 billion hardly a bunch of 'chancers'.
They dwarf Tesco who at a guess are worth around £15 billion. |
Blaming brexit and the pound for having to increase costs of Marmite, which is produced solely in Britain, sold I believe solely in Britain using only British products is chancing it irrespective of company values. | |
| |
| Unilever demanding 10% more from Tesco on 10:14 - Oct 13 with 1189 views | pikeypaul |
Marmite is available all around the world and not solely in the UK.
I guarantee Marmite is available in Tesco in 3 months time and at least
10% more expensive than it is today.
Tesco are just making a public stand so they can blame rightly or wrongly
price increases on suppliers.
One thing is certain they will not stop buying Unilever products and Unilever
know this. | |
| |
| Unilever demanding 10% more from Tesco on 11:29 - Oct 13 with 1144 views | blueytheblue |
Stand corrected where you can buy Marmite.
Regardless, their costs don't increase production wise A weaker pound would aid exports, surely? Which means their claims of having to raise the price wouldn't stand up? | |
| |
| Unilever demanding 10% more from Tesco on 11:46 - Oct 13 with 1126 views | Flashberryjack |
| Unilever demanding 10% more from Tesco on 09:00 - Oct 13 by pikeypaul |
Try telling the ever increasing numbers who have to visit food banks every day that they are living beyond their means.
The country is going down hill fast with the gap between rich and poor widening like never before.
But that is perfect for business owners who have a ever expanding pool of desperates
who will work for low pay and bad conditions and not say anything knowing there are
1000s waiting to take their job.
Take a walk around any city centre and see the amount of beggars there are siting on
the pavements and this is in the 5th richest country in the world. |
And some people still want unrestricted immigration, I suppose it's good for some (cheap labour) and bad for others. |  |
| |
| Unilever demanding 10% more from Tesco on 13:22 - Oct 13 with 1075 views | dickythorpe |
| Unilever demanding 10% more from Tesco on 09:44 - Oct 13 by pikeypaul |
So who are they going to have a 'word' with?
Tell Tesco to pay the extra 10%
Or
Tell Unilever who are Dutch company to put their prices down.
Unilever will tell them to FO it's none of your business what we charge for our products
and Tesco will say we will buy what we want. |
If Tesco and Unilever are playing this all out in public, the Government wont like it.
Watch this space pikey! | | | |
| Unilever demanding 10% more from Tesco on 13:41 - Oct 13 with 1053 views | pikeypaul |
| Unilever demanding 10% more from Tesco on 13:22 - Oct 13 by dickythorpe |
If Tesco and Unilever are playing this all out in public, the Government wont like it.
Watch this space pikey! |
So what do you think the government can or will do against them? | |
| |
| Unilever demanding 10% more from Tesco on 15:24 - Oct 13 with 996 views | AnotherJohn |
| Unilever demanding 10% more from Tesco on 11:29 - Oct 13 by blueytheblue |
Stand corrected where you can buy Marmite.
Regardless, their costs don't increase production wise A weaker pound would aid exports, surely? Which means their claims of having to raise the price wouldn't stand up? |
As far as I know Marmite is only made in the UK and New Zealand (in slightly different versions). The UK factory in Burton-on-Trent uses yeast, produced as a by-product of the brewing industry, as the main ingredient. Other ingredients such as salt, celery, vegetable extract and spices may come from abroad, but don't seem like major expenses. As far as I can see the main problem is the brown glass jars that are manufactured in Germany. This seems just the kind of thing that Unilever could re-source from the UK. | | | |
| Unilever demanding 10% more from Tesco on 15:25 - Oct 13 with 994 views | Highjack |
Does it really matter if people can't get marmite from tescos? |  |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
