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Aldi expansion

(337 Posts)
Teetime Mon 01-Oct-18 13:06:44

Aldi have announced a large expansion and are about to employ a further 1000 members of staff. They aren't worried about Brexit then.

PECS Fri 12-Oct-18 21:27:01

Sorry POGS I was answering lemongroves comment "They had no need to listen to us as a member, as they had our money anyway"
My point is that UK is an equal member of the EU with all other members so we(UK) are the 'they' that lemon was referring to!

jura2 Fri 12-Oct-18 21:28:12

the only no tariff so far only applies from EU to EU - as for the UK, no-one knows.

MawBroon Fri 12-Oct-18 21:31:43

Re Tariffs, they will be able to import from the 26 EU countries, and 41 associated countries - without tariffs- and then import into the UK

Could somebody please explain who “they” are, and who is “importing” (or is it exporting?) to whom?

jura2 Fri 12-Oct-18 21:36:56

Well, we are talking about Aldi, and also Lidl - so 'German businesses' in this thread, are we not?

And Aldi and Lidl will sell stuff they produce, or they buy tariff and customs free from the other EU countries and others they have deals with. And then they will export it to the UK and their stores, old and new.

I thought it was quite clear.

MawBroon Fri 12-Oct-18 21:52:04

OK and as they are not stupid, presumably they think that even it’s the addition of tariffs they can undercut other supermarkets and still mamimise profits.
Food (a surprising amount) sold in supermarkets also originates n the U.K. so presumably would incur tariffs if bought not Aldi/Lidl for resale in U.K. supermarkets. And yet they can still look forward to a profit.
If UK supermarkets do not wish to pay higher prices because of tariffs, will this not benefit U.K. producers, benefit agriculture in general, the environment because of the shorter distances travelled and us the consumer because the food takes less time from hoof to plate as it were.

MawBroon Fri 12-Oct-18 21:55:57

You have heard of Thanet Earth?

www.telegraph.co.uk/news/earth/agriculture/farming/10321390/Thanet-Earth-the-farm-of-the-future.html

petra Fri 12-Oct-18 22:12:32

MawBroon
Thank you for putting that up. I remember this being built and ( to me) it's a wonderful sight.
Unfortunately there are too many people who have no idea what wonderful innovations are going on in this country, that's why multinationals are still investing here.
Did anyone see the new Bloomberg european head quarters built in london

MawBroon Fri 12-Oct-18 22:16:03

I did Petra and it took my breath away!

MawBroon Fri 12-Oct-18 22:19:47

BTW the Robert Montgomery mentioned in the article on Thanet Earth is Paw’s cousin. He used to specialise in cauliflowers when I first met the family.
Another cousin is Jamie Montgomery in Somerset of Montgomery’s Cheddar fame.
I always felt they had missed a marketing opportunity for very upmarket Cauliflower Cheese ready meals! ???

Grandad1943 Fri 12-Oct-18 22:56:37

The problem does not just concern one industry or one company. Almost every car manufacturer has stated that planning for new models is already being based on those models being produced in the EU and not Britain due to Brexit.

In the above, what then happens to the many thousands of British jobs based in the manufacturer of components for those car assembly plants. Let's face, it if the assembly plants move to into Europe the component manufactures go with them.

In finance, Bloomberg and others can quickly move from London to other European cities as their computer trading networks can be connected anywhere on reasonably short notice when Brexit causes them problems.

Bloomberg's building plans were drawn up before Brexit became the problem that it is now. We all remember when David Davis stated that "these will be the easiest negotiations ever concluded" on the day article fifty was signed. Many companies took him at his word at that time, but not now.

The above are just two industries that have stated their plans and problems in regard to Brexit. Many other industries are stating similar, especially the Road Haulage Industry which will very quickly affect us all if there are problems in the ports

MawBroon Fri 12-Oct-18 23:05:21

But this IS about Aldi and therefore presumably the retail sector. The assumption seems to be that we would starve without food supplies from mainland Europe. Are you familiar with Thanet Earth?

After spending £1 billion on such a prestigious building, I would be very surprised if Bloomberg were to upsticks and move their centre to mainland Europe.

Grandad1943 Fri 12-Oct-18 23:28:04

MawBroon, how many of those buildings will Britain need to have to replace all the food that comes from Europe.

Also with so many well paid jobs being lost in other industries, many would not have the money to buy the expensive food those sites will produce.

Grandad1943 Fri 12-Oct-18 23:32:28

I believe that Bloombergs chief executive has already started that if trading becomes more difficult following Brexit they will relocate to Europe.

Business before Buildings it would seem as that is the core of any commercial organisations trading.

MawBroon Sat 13-Oct-18 04:02:36

I believe that Bloombergs chief executive has already started that if trading becomes more difficult following Brexit they will relocate to Europe.

Do you have evidence, a quote perhaps?

MawBroon Sat 13-Oct-18 04:04:22

Business before Buildings it would seem as that is the core of any commercial organisations trading

So you throw away over £1 billion?. That’s hardly business.

Grandad1943 Sat 13-Oct-18 07:24:27

Mawbroon, here is a link to Bloombergs move to Europe:-

www.dutchnews.nl/news/2018/05/bloomberg-moves-eu-trading-units-to-amsterdam-ahead-of-brexit/

Grandad1943 Sat 13-Oct-18 08:08:55

Obviously, the above move is a preliminary to a full movement should there be a no deal Brexit or any leave circumstances that does not suit their trading pattern.

Many other finance companies have set up similar offices in Europe I believe.

Let's face it, they are not definitely going at this point, but if there is not a Brexit that is in line with their operations, they are getting prepared and will very soon be gone.

MawBroon Sat 13-Oct-18 08:18:55

Thank you for the link Grandad.
Now, back to Aldi - what is your take on that?

Grandad1943 Sat 13-Oct-18 08:25:39

We like their super six fruit and veg deals each week. However, there is not a store close to us, so we do not shop there that often.

Its Tesco for us in the main. grin

lemongrove Sat 13-Oct-18 08:32:15

Ah, the evil Tesco .....who will take over the planet first, them
Or Starbucks or China? grin

lemongrove Sat 13-Oct-18 08:35:12

Naturally all businesses have to think about future plans but
All the signs seem to be good for food retail here.
The City ( financial) seems to be rooted here too.

Grandad1943 Sat 13-Oct-18 08:57:31

My company could take over Lemon. With all these distribution companies reviewing their warehouse operations in the light of a no deal Brexit, we are picking up a considerable about of enquiries in regard to the introduction of new safety regimes for those operations.

Problem is we are unable to find the personnel with the qualifications required for the work we have now, so, how we would be able to take on all that work if it definitely comes about I am not sure.

Still, it's an ill wind that blows no one any good as they say.

Grandad1943 Sat 13-Oct-18 09:01:48

Should be amount above not about. Voice recognition not doing to well this morning, must reboot the phone. blush

jura2 Sat 13-Oct-18 09:41:35

It is all conjecture - the OP said that expansion was because Aldi is not worried about Brexit. I replied re what their reasoning may be about. Your post at 21.52.04 makes valid comments Maw. No-one can know for sure how they came to the decision to expand - not even our Governement- since our Governement, even at this amazingly late stage, has not got a clue itself and is totally divided. And of course- even if they can agree- we all know that the EU will not accept cherry-picking - because it would destroy them. Especially with negotiations with Switzerland taking place at the same time.

So- all conjecture.

As for Financial firms in the City- of course they won't publish it and links can't be posted. But they are planning their exit for sure, and Paris and Frankfurt are there to welcome them with open arms.

POGS Sat 13-Oct-18 11:41:04

Sorry to go off piste about Lidl and Aldi.

Grandad / jura

It has obviously been the case and spoken of the financial institutions will have to have some base in a country inside the European Union if ' passporting rights' are not agreed to between the UK and EU countries. Jura I don't know what your other ' OUR ' country implications are as Switzerland holds so many variances/bi lateral deals with the EU ( even though it cannot make decisions after holding peoples referendums without the EU saying it can do as the people instructed).

I take heart in your Grandad your link to Bloomberg when it states -

' The move will create only about 10 new jobs in Amsterdam but it will prepare Bloomberg for an eventual hard Brexit, Bloomberg’s Ben Macdonald told the paper.'

Again this is a preparedness for a No Deal scenario or 'passporting rights' not being reciprocal but I have also read that it would be difficult for even Paris /Berlin to operate /function also on various financial matters such as Insurance.

Who knows where it will all end up but at the moment neither side will possibly win and that serves nobody.