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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.

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 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 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! ???

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

I did Petra and it took my breath away!

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 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

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.

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 21:31:43

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 21:28:12

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

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!

POGS Fri 12-Oct-18 21:20:07

PECS

What do you mean?

PECS Fri 12-Oct-18 21:18:22

But aren't we part of 'they'?? We are still part of the EU so don't be too quick to put us in the past tense!

lemongrove Fri 12-Oct-18 21:09:38

Exactly POGS No business exists as a charity cause, so they must know they are onto a good thing here.

lemongrove Fri 12-Oct-18 21:07:33

They had no need to listen to us as a member, as they had our money anyway.They need to listen now if they want a deal.....or no money!

POGS Fri 12-Oct-18 21:01:54

jura

" But Aldi must have a good hunch - and can afford to take the risk, I suppose. They are certainly not doing it out of the goodness of their little hearts to help their mates int he UK."

Oh dear there you go again. Sigh.

Perhaps Lidl and Aldi have made their decision to expand in the UK on the premise the UK is going to provide sufficient profit for their companies with or without a deal and I am sure they are astute in their business acumen to have given consideration to both outcomes.

We may find out they cancel all their plans to expand in the future but for now your blind faith the UK is going to hell in a hand cart is worth challenging at times.

PECS Fri 12-Oct-18 21:00:21

lemongrove given that you feel UK is too weak to make changes as a member why do you think we will be able to negotiate a positive exit deal?

petra Fri 12-Oct-18 20:56:21

PECS
As stated here ^ they will still be part of eu, without tariffs or restrictions^
We must assume this applies to all eu countries that export to the uk ( or does Germany have its own rules)
Let's assume that this 'no tariff' rule applies to all. In that case, no tariffs on French wine, champagne, cheese.
Ditto Italian pasta, wine, cheese
........ Belgium beer
........ Spanish salad produce
......... Dutch flowers.
Where's the problem if the 'no tariff' statement is true?

lemongrove Fri 12-Oct-18 20:51:37

Aldi and Lidl are businesses that are doing well here, they won’t be packing up and leaving the UK just because we are leaving the EU.

lemongrove Fri 12-Oct-18 20:50:04

If the over bureaucracy could have been tackled by now then it would have been.We had no hope of influencing anything.
Even knowing we would be having a referendum if Cameron didn’t get concessions didn’t make any difference to them, and he must have been fuming at the time.
The behemoth that is the EU goes rolling on, so glad we won’t be part of it.

jura2 Fri 12-Oct-18 20:47:07

Agreed Pogs and PECS- no-one knows.

But Aldi must have a good hunch - and can afford to take the risk, I suppose. They are certainly not doing it out of the goodness of their little hearts to help their mates int he UK.

PECS Fri 12-Oct-18 20:40:41

I admit to totally losing the will to even try to follow the arguments for Remain/ Leave now. I was pretty confused at the time of the referendum but there have been so many more counter arguments to the counter arguments , spin and twists, lies and smoke and mirrors.

My instinct is that it is not a 'good thing' to leave in that I feel a united Europe is better and safer one than a divided one. Over bureaucracy in any large organisation is a problem but I believed that could be tackled internally and UK could have had a strong voice in that reform. Especially after the referendum indicated a split in the country.

No idea why one area of German imports would be subject to increased tariffs and another not! If in fact that is true!

POGS Fri 12-Oct-18 20:36:36

jura

"Poggs. they will be able to source food direct from EU growers, that the UK won't be able to do without tariffs. Food prices are likely to go up in the UK because of consequences of Brexit - GERMAN businesses won't be affected- they will still have 26 countries to get food from."
---

I understand that but may I raise another thought.

So Aldi will buy a lettuce say for 20p in Spain , export it to the UK and pay a tariff if no deal is done.

Another supermarket may decide to buy a lettuce from say Egypt at 18 p , ship it to the UK without a tariff if a deal has been done for free trade.

It could also be pointed out the possible reduction / the loss of trade with the UK for the Spanish lettuce grower ' Might' push up the price for somebody living in the 27 EU countries and countries such as Switzerland .

There are so many ' what if's' at the moment the truth of the matter can only be hypothetical.

jura2 Fri 12-Oct-18 20:33:47

Of course, nobody knows for sure. But they are a Business, and wouldn't do that unless they thought they will be at an advantage.

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.

petra Fri 12-Oct-18 20:21:27

I think it's been most informative, particularly Re tariffs wink