Great marketing from them and Tesco this week.

For Jamie
[Link]

As usual it's Joe Public. We're just reaping what we've sewn.

Edited by nickgusset (13 Oct 2016 11.54pm)

Yep. It's good press for the supermarkets as Unilever are just trying to take advantage of the current situation and they've, quite rightly, called them out.

Optimistic as ever

Marmite was one of only a number of brands. And most of Unilever's operations are also not in the UK so they do have centralised costs incurred in €.

But yes, with Marmite they were largely taking the piss. With the majority of the other products they have a legitimate complaint. Tescos have managed to flex their muscles and reach a compromise (there will be a supplier price increase, but it won't be as much as Unilever wanted).

"It's almost like a moral decision. Except not really cos noone is going to find out," Jez, Peep Show

Pretty obvious that prices are going to rise for anything that relies on importing goods and services with the state of the pound. The amount of head in the sand stuff around the knock on effects of the weak pound is astounding.

Uncertainty causes volatility. The £ has been massively over-sold - it'll pick up again when the markets realise we're not going to turn into Zimbabwe post-Brexit.