Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

by HoratioTarr Wed Oct 12, 2016 11:00 pm

Good for Tesco!

Major household brands including Marmite, Flora and Persil detergent are in scarce supply at Tesco, as the supermarket has become embroiled in a row with supplier Unilever.
The consumer goods company, one of Tesco's main suppliers, is believed to have demanded a 10 per cent price rise because of the falling value of the pound against the dollar and euro.
It halted deliveries to Tesco when the supermarket refused.

http://www.dailymail.co.uk/news/article-3835034/Major-brands-axed-Tesco-shelves-row-supplier-Unilever-demanded-10-cent-price-rise-falling-pound.html

by Tommy Monk Thu Oct 13, 2016 12:21 am

It is big business that is selling off the pound while betting on it losing value...

Marmite is made in uk...

http://www.dailymail.co.uk/femail/food/article-3023880/One-Midlands-factory-makes-world-s-Marmite-intrepid-reporter-loathes-stuff-astonished-there.html

So why are they trying to demand more money when it's all UK relative...!?

by Irn Bru Thu Oct 13, 2016 12:25 am

Fuel pricess next - watch this space

by Tommy Monk Thu Oct 13, 2016 12:27 am

Opec and Russia have already announced they are cutting supply...

So... what does that tell you if you apply the basic economic rule to this...?

by Irn Bru Thu Oct 13, 2016 12:45 am

Tommy Monk wrote:Opec and Russia have already announced they are cutting supply...

So... what does that tell you if you apply the basic economic rule to this...?

Oil is traded in USD so you don't have to be a genius to figure out that with a low exchange rate GBP/USD that the price is going to rise whatever happens.

Fill up now

by Tommy Monk Thu Oct 13, 2016 12:56 am

The pound is artificially low due to big corporates selling it off and betting on it losing value...

Google... George soros erm...

Same sort of shit going on...

by veya_victaous Thu Oct 13, 2016 1:41 am

but they are betting on it going down because you lack trading partners or economic plans and vision or hope of future prosperity.

the Price of a Pound has devalued as Brits have just advertised the fact the primitive hillshepherds out number the economically savy and they are more than willing to cut off their nose to spite their face.

by Tommy Monk Thu Oct 13, 2016 1:43 am

How much are you getting for a dingleberry these days...?

by veya_victaous Thu Oct 13, 2016 2:08 am

http://www.x-rates.com/graph/?from=AUD&to=GBP&amount=1

from 0.55 to 0.62 since september.
We gained 10% value on you in a month Wink

So since we were talking last month the differnece betweenus has inreased by 10%. literally evey 10 pounds you had is now only worth the equivelent of 9 IN JUST THE PAST MONTH!!!

So please keep telling us how you are doing fine post brexit and it's all roses in the UK after letting uneducated hill shepherds lead the economy to ruin.
Laughing

by 'Wolfie Thu Oct 13, 2016 9:05 am

A MORE concise way to look at how the poundmsterling is dropping :

Next time an Aussie, Kiwi, Cannuck or Yank tourist travels over to the UK, they can buy an extra 11% more for the same amount of dollars as previously...

While Tommy has to pay 11% more for that petrol, oil or gas that he is buying from Russia..

by 'Wolfie Thu Oct 13, 2016 9:16 am

veya_victaous wrote:
but they are betting on it going down because you lack trading partners or economic plans and vision or hope of future prosperity.

the Price of a Pound has devalued as Brits have just advertised the fact the primitive hillshepherds out number the economically savy and they are more than willing to cut off their nose to spite their face.

Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound 1399249160

One thing that those hillshepherds will have to celebrate, though...

They will be getting that much more these days for each sheep that they export into Europe..

by The Devil, You Know Thu Oct 13, 2016 10:42 am

Irn Bru wrote:Fuel pricess next - watch this space

yes those pesky arabs cutting production.

by The Devil, You Know Thu Oct 13, 2016 10:42 am

Irn Bru wrote:
Tommy Monk wrote:Opec and Russia have already announced they are cutting supply...

So... what does that tell you if you apply the basic economic rule to this...?

Oil is traded in USD so you don't have to be a genius to figure out that with a low exchange rate GBP/USD that the price is going to rise whatever happens.

Fill up now

odd how brexit has caused fuel prices to rise in turkey as well.

by The Devil, You Know Thu Oct 13, 2016 10:44 am

WhoseYourWolfie wrote:

A MORE concise way to look at how the poundmsterling is dropping :

Next time an Aussie, Kiwi, Cannuck or Yank tourist travels over to the UK, they can buy an extra 11% more for the same amount of dollars as previously...

While Tommy has to pay 11% more for that petrol, oil or gas that he is buying from Russia..

the government has been trying to reduce the level of the pound for some times, have you seen the video by Merve the Swerve?

by HoratioTarr Thu Oct 13, 2016 10:45 am

Tommy Monk wrote:It is big business that is selling off the pound while betting on it losing value...

Marmite is made in uk...

http://www.dailymail.co.uk/femail/food/article-3023880/One-Midlands-factory-makes-world-s-Marmite-intrepid-reporter-loathes-stuff-astonished-there.html

So why are they trying to demand more money when it's all UK relative...!?

I remember years back when we had that heatwave in 1976....the price of veg went sky high due to drought. When the drought was over, the prices stayed the same. This is how retailers work. Any chance to make a profit at any expense. Opportunist. All this fuss, and you can purchase most of those goods in any store anywhere in the UK. It's not as though people will die from lack of Marmite.

by The Devil, You Know Thu Oct 13, 2016 10:52 am

can I point out that Marmite is made in Burton-upon-Trent from yeast extract which is by product of the brewing industry, almost all the ingredients are sourced in the UK.,

by HoratioTarr Thu Oct 13, 2016 10:59 am

The Devil, You Know wrote:
Irn Bru wrote:
Oil is traded in USD so you don't have to be a genius to figure out that with a low exchange rate GBP/USD that the price is going to rise whatever happens.

Fill up now
odd how brexit has caused fuel prices to rise in turkey as well.

by HoratioTarr Thu Oct 13, 2016 1:10 pm

by Major Thu Oct 13, 2016 7:12 pm

All those things mentioned would NEVER get over our threshold anyway. Who cares

by HoratioTarr Thu Oct 13, 2016 11:55 pm

Unilever's backed down. Didn't take long, did it?

by Irn Bru Fri Oct 14, 2016 12:35 am

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Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound

Re: Major brands axed from Tesco shelves after row with supplier Unilever which demanded a 10 per cent price rise because of falling pound