Unilever profiteering

Discussion in 'Motorhome Chat' started by Adbt, Oct 13, 2016.

  1. Adbt

    Adbt Funster

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  2. Zepp

    Zepp Funster

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    I agree don't buy them
     
  3. Lot lover

    Lot lover Funster

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    It seems that Tesco considers that prices charged by their suppliers may only go in one direction - ask any farmer.

    Lucky me - i bought my Marmite last week in England, shame it is for eating rather than buying and selling.
     
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  4. jessthedog

    jessthedog Funster

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    Unilever! you either love them or hate them.:)
    Another company blaming Brexit, and the value of the pound, even though marmite and other products are 100 per cent British made.
    Did make me laugh, that Tesco are complaining about a multi national company pressurizing and upping their prices, even though they have a appalling record of squeezing the little producers.
    The head of Tesco, came from Unilever, so he knows the margins and the games that they play.
     
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  5. Lot lover

    Lot lover Funster

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    But isn't Unilever a Dutch company so any GBP profits are worth even less this week than last?
     
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  6. jessthedog

    jessthedog Funster

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    Anglo Dutch.
    But they don't need an excuse. If the pound recovers, will they drop the prices again? I don't think soo.
     
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  7. johnp10

    johnp10 Funster

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    One of the high st retailers (Next?) have said prices will have to rise due to the fall in the £ blamed in brexit.
    The fall happened in the last few days and they are already suffering?
    They are behaving like oil companies.
    Just an excuse to screw the consumer.
     
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  8. WillH

    WillH Funster

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    So they should subsidise our food? All companies need to make a profit otherwise they shut up shop.
     
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  9. Lot lover

    Lot lover Funster

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    IIRC GBP began it's collapse the day after the Brexit vote - it has just headed a bit nearer the U-bend in the last few days.
     
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  10. jessthedog

    jessthedog Funster

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    There is making a Profit and there is Profiteering!
     
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  11. WillH

    WillH Funster

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    Between 40 and 50% of our food is imported so that proportion is now 14% more expensive, someone has to pay for it and I doubt Unilever or Tesco will do so out of the goodness of their hearts.
     
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  12. Zepp

    Zepp Funster

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    If we all start buying british they will have to put the price down as others have said there is no change when the pound is strong.
     
  13. Robert Clark

    Robert Clark Funster Life Member

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    Did you buy British when you bought your Motorhome ?
     
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  14. Larrynwin

    Larrynwin Funster

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    There must be some price increases.
    I was shopping in Lakeside at Thurrock with the wife a couple of days ago and most of the goods in M&S , Primark , House of Frazer etc were produced in Bangladesh, India, China , Myanmar (Burma) , a few bits from Turkey .
    In fact 95 % ish from the Far East outside Europe.
     
  15. Adbt

    Adbt Funster

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    The point is that when it was 5% cheaper did Unilever drop its prices ? The answer is a big fat NO ! It's profiteering plain and simple .
     
  16. Adbt

    Adbt Funster

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    Yes .
     
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  17. kaasbroodje

    kaasbroodje Funster

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    Hasn't price deflation been causing the supermarkets problems for the last couple of years ?
    Competition has forced prices lower - this has in part been possible due to the strength of the pound.
    Arguably Unilever et al have been passing the effects of a strong pound onto the consumer by lowering prices.
    Now the pound's weakening they're adjusting prices accordingly - this time upwards.

    http://www.telegraph.co.uk/business...r-drives-down-shop-prices-despite-the-fallin/
     
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  18. Zepp

    Zepp Funster

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    No :D but that was because I needed German oops been caught out :crying1:
     
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  19. Robert Clark

    Robert Clark Funster Life Member

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    But even English products are often made with imported raw materials and components
     
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  20. Charlie

    Charlie Funster

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    Unilever trade in Euros like many other companies .. this is why they either put up prices or absorb the losses in thier profit margins. Remember if profit margins suffer the shareholders will not be happy and the share prices will fall.

    This whole episode is a load of cobblers. These things happen all the time but this for some reason has been picked up by a journalist on a no news day and taken off.

    Boycott them ? Jeez you think that's going to affect a company that big ?

    Is it down to brexit ? Well yes very likely and it's the thin end of the wedge as many things will rise in price if the pound remains weak. Everyone who voted for brexit will now start moaning but we were warned.
     
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