A thank you to Brexiteers.

[bimble]

Why are food prices going to go up?

Because it’s either that or smaller profits for the supermarkets (and importers and farm owners etc) I think they will not choose smaller profits.

 

[brogdale]

Neoliberal wasn’t on the ballet. I’d have thought neoliberalism with European checks and balances would be better than a Tory far right version we’ll get with Brexit.

The trouble is that it was on the ballot....twice over.

 

[Bahnhof Strasse]

Because it’s either that or smaller profits for the supermarkets. I think they will not choose smaller profits.

Why smaller profits?

 

[bimble]

Why smaller profits?

Difference between cost price and sale price is smaller when your costs go up.

 

[Bahnhof Strasse]

Difference between cost price and sale price is smaller when your costs go up.

So lowering the staffing costs increases the profits?

 

[bimble]

So lowering the staffing costs increases the profits?

If Jeff Bezos paid staff properly would he have bought himself a penis shaped space rocket?

 

[Bahnhof Strasse]

If Jeff Bezos paid staff properly would he have bought himself a penis shaped space rocket?

Before you tried to shift them goalposts to US tax-dodgers you were talking about UK supermarkets, something about increasing the lowly workers' pay to a decent level would mean prices go up whilst massively increasing the executives' pay and bonuses is just one of those forces of nature, like tides and seasons and shit, no?

 

[bimble]

Many Amazon staff are paid a very decent wage, note there are not driver shortages at Amazon right now.

Before you tried to shift them goalposts to US tax-dodgers you were talking about UK supermarkets, something about increasing the lowly workers' pay to a decent level would mean prices go up whilst massively increasing the executives' pay and bonuses is just one of those forces of nature, like tides and seasons and shit, no?

Look, if you think that the supermarkets will choose to cut executive pay or reduce shareholder dividends instead of raising the prices of food, I dunno what to tell you really. Let’s see.

 

[Bahnhof Strasse]

Look, if you think that the supermarkets will choose to cut executive pay or reduce shareholder dividends instead of raising the prices of food, I dunno what to tell you really. Let’s see.

Oh

 

[Raheem]

Driver's wages are not going to push up prices, because they're such a tiny component of retail prices in the scheme of things. Drivers seem to be getting pay rises ranging from nothing to the equivalent of a few pounds a day. If a driver's day's work is taking a lorry load of eggs from Cardiff to Coventry, what's that per egg?

Otoh, if the eggs have to be destroyed too often because it was not possible to deliver them in time, that will push up prices.

 

[Bahnhof Strasse]

Driver's wages are not going to push up prices, because they're such a tiny component of retail prices in the scheme of things. Drivers seem to be getting pay rises ranging from nothing to the equivalent of a few pounds a day. If a driver's day's work is taking a lorry load of eggs from Cardiff to Coventry, what's that per egg?

Otoh, if the eggs have to be destroyed too often because it was not possible to deliver them in time, that will push up prices.

No need to destroy them, re-deploy them to Westminster to be lobbed at the venerable 650.

 

[bimble]

Just because i think food prices are going to go up doesn't mean i'm under the impression that it's some kind of force of nature/ fact of life. I mean, I know that the price of a thing on a supermarket shelf is the result of a series of choices made by a bunch of people all trying to make a profit, who could theoretically choose to act differently, but that doesn't change my view that it will happen.

 

[Supine]

The race to the bottom continues at pace

UK secretly dropped climate promise for trade deal with Australia, leaked emails show

Australia pressured the UK not to include binding clauses on the Paris Agreement

www.independent.co.uk

 

[mojo pixy]

Morrisons prices have all gone up 5-10p in the last few weeks. I don't think that's brexit, or drivers. It's to maximise cash flow because of the recent billion-pound sale of the company.

(Edit for unfinished accidentally posted post)

 

[brogdale]

Morrisons prices have all gone up 5-10p in the last few weeks. I don't think that's brexit, or drivers. It's to maximise cash flow because of the recent billion

There's an element of self-fulfilling prophesy here, as well. Having established the notion of rising prices (for whatever reasons) in the customers' mind-sets, the corporate retailers find themselves in a 'sweet-spot' where they can do so without much shock or response from the public. Furthermore, the old unwritten cartel mentality kicks in and they know that they're not under pressure to undercut each other with the expectation of inflation firmly established.

 

[Raheem]

As a keen student of Morrisons prices, I can tell you that they have not all gone up 5-10p in the last few weeks.

 

[bimble]

There's an element of self-fulfilling prophesy here, as well. Having established the notion of rising prices (for whatever reasons) in the customers' mind-sets, the corporate retailers find themselves in a 'sweet-spot' where they can do so without much shock or response from the public. Furthermore, the old unwritten cartel mentality kicks in and they know that they're not under pressure to undercut each other with the expectation of inflation firmly established.

Yeah I did wonder that. If you put into google ‘brexit’ and ‘food prices’ there’s now hundreds of articles telling us to be ready to pay more.

 

[TopCat]

There's an element of self-fulfilling prophesy here, as well. Having established the notion of rising prices (for whatever reasons) in the customers' mind-sets, the corporate retailers find themselves in a 'sweet-spot' where they can do so without much shock or response from the public. Furthermore, the old unwritten cartel mentality kicks in and they know that they're not under pressure to undercut each other with the expectation of inflation firmly established.

Not sure about that. If Lidl prices go up I go to Aldi.

 

[TopCat]

Yeah I did wonder that. If you put into google ‘brexit’ and ‘food prices’ there’s now hundreds of articles telling us to be ready to pay more.

Read them all, then don’t pay more. Buy something else if you can. Go elsewhere.

 

[brogdale]

Not sure about that. If Lidl prices go up I go to Aldi.

We too...but when Aldi's also go up...?

 

[The39thStep]

Read them all, then don’t pay more. Buy something else if you can. Go elsewhere.

I'm sure there are problems unique to the UK however if you just put 'food prices' into google it throws up loads of stories about rising prices and about crop failure due to extreme weather, transportation costs going through the roof , problems at slaughterhouses due to covid etc.

Supermarket food prices were up 5% here in June following a 3% rise over the last 12 months.

 

[bimble]

Buy something else if you can. Go elsewhere.

Genius idea. Thanks.

 

[mojo pixy]

As a keen student of Morrisons prices, I can tell you that they have not all gone up 5-10p in the last few weeks.

I shop in my local Morrisons weekly and everything I buy (everything with a price tag rather than by weight, that is) seems to have gone up by either 5p or 10p. I don't buy everything they stock, though, and there are still offers.

 

[Ming]

If Jeff Bezos paid staff properly would he have bought himself a penis shaped space rocket?

I wonder if he insisted to the aerospace engineers that it must look like a cock? I’ve got this scene in my head of the scientists going ‘well it’s not the most aerodynamic option Mr Bezos’. And their internal dialogue’s like ‘Well a cheques a cheque’.

 

[Raheem]

Maybe he had no specific design ideas and one engineer said to another "Dare you to make it look like a cock".

 

[seeformiles]

There were no chickens in my local Aldi yesterday. I didn’t really fancy chicken anyway (so was secretly pleased) but Mrs SFM was a bit put out as she had her heart set on a poultry dinner. Thank you Brexit

 

[SpookyFrank]

Morrisons prices have all gone up 5-10p in the last few weeks. I don't think that's brexit, or drivers. It's to maximise cash flow because of the recent billion-pound sale of the company.

(Edit for unfinished accidentally posted post)

Asda has also been sold with a huge debt burden.

 

[TopCat]

Lidl pay their lorry drivers better than most and have done so for some time. Full shelves.

 

[Supine]

Full shelves.

A quick google shows that isn’t true

 

[ska invita]

A quick google shows that isn’t true

ITs always true as its all in the eye of the beholder

Hauliers ‘boycotting’ Lidl over driver shortage response

A lack of drivers across the UK is forcing haulage companies to rationalise their supermarket deliveries

www.thegrocer.co.uk

"Lidl is particularly unpopular among haulage companies who claim there is now a “universal reluctance” to deliver to their sites."