Tesco V Unilever

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Nevakonaza said:
Who cares,Its pot noodles & Marmite...not exactly world issues.
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Headline examples

some others, stock cubes, beverages, ice creams, washing materials, deodrants, etc etc etc

There is a reasonable chance if you buy branded you have loads of products from unilever in your basket. Check the packaging craefully, the logo is always there somewhere ;)
 
delta0 said:
It's made in the UK. The price shouldn't change because of currency. The product also got cheaper to export so a big win for Marmite.
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It depends what raw materials/ingredients are used - if they come from outside the UK then regardless of it being made in the UK its price could go up.
 
I'm not really sure how Brexiteers can argue that the Pound hitting a 168 year low isn't going to have an effect on prices - especially since we live in a global manufacturing world and import a massive percentage of our products.

https://www.ft.com/content/78478eee-e170-32d3-bdbb-b88a98f2f9bd

By any measure, the pound is having a bad time.

According to a trade-weighted index measuring sterling against a basket of its trading peers, the pound has now slumped to its lowest on record, stretching beyond the introduction of free-floating exchange rates in the 1970s and all the way back to the mid-19th century, according to data compiled by the Bank of England.

The pound’s effective exchange rate, which is weighted to reflect the UK’s trade flows, hit a low of 29.27 on Tuesday – weaker than the depths hit during the financial crisis, Britain’s ejection from the European Rate Mechanism in 1992, and its decision to leave the Gold Standard in the 1930s.
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Anyway, you were all for 'Short term pain' for the long term gain of our Sovereignty, so stop whinging! :p
 
All I can think is what a great opportunity for Unilever's competition to launch rival products sourced and manufactured in the UK.
 
scorza said:
All I can think is what a great opportunity for Unilever's competition to launch rival products sourced and manufactured in the UK.
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Who are also, global companies, with exactly the same supply chains, and pressures.

Unilever is more British than their main competitors (its Anglo/Dutch)

Try looking up Nestle, P&G etc see where they are from
 
alx said:
It depends what raw materials/ingredients are used - if they come from outside the UK then regardless of it being made in the UK its price could go up.
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Most commodities (other than bulk like aggregate) are traded widely - if the producer can get paid more exporting to France than to a UK producer that's what they'll do. Thus the gaps that can be exploited by using UK sourced/produced products are marginal at best.

If the difference was significant it would just be exported instead.
 
String said:
Ordering pot noodles online is enshrined in the founding laws of Geekdom, how very dare they! Seriously, between this and the price of tech going through the roof... Can anyone give an example of the actual tangible benefits of Brexit?

What has Brexit done for us? :mad:
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Hooray for Brexit!

:D
 
I'm shocked to discover Unilever don't have a stockpile of raw ingredients to make their products, bought before the value of the pound dropped.;)
 
This "it's British so Brexit doesn't affect it" attitude amazes me. Are people really not aware of how much influence the exchange rate has on any business? At the very least, if a company only uses British materials and labour, then their income will reduce which will filter down to the staff as they'll be able to afford less and at the worst, the company will go under because there is always a foreign factor in almost any business. Whether it's materials, labour, training, accounting packages, machines, factory space, rent fees, I could go on and on.
 
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