Lidl to create 5000 jobs despite Brexit
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I found the bit about Loyd's of London more interesting.
Before the referendum they said Brexit could force 34,000 commercial insurance jobs to be relocated overseas. Now they say relocating 50 jobs will enable them to maintain access to the single market after Brexit even if there is no UK EU deal.
Before the referendum they said Brexit could force 34,000 commercial insurance jobs to be relocated overseas. Now they say relocating 50 jobs will enable them to maintain access to the single market after Brexit even if there is no UK EU deal.
German retailer uses the collapse in sterling to flood the UK market with cheap food and undercut British retailers.
More money being sucked out of the British economy...as spun by The Daily Fail.
More money being sucked out of the British economy...as spun by The Daily Fail.
Originally Posted by Mark_Jones9:
“I found the bit about Loyd's of London more interesting.
Before the referendum they said Brexit could force 34,000 commercial insurance jobs to be relocated overseas. Now they say relocating 50 jobs will enable them to maintain access to the single market after Brexit even if there is no UK EU deal.”
“I found the bit about Loyd's of London more interesting.
Before the referendum they said Brexit could force 34,000 commercial insurance jobs to be relocated overseas. Now they say relocating 50 jobs will enable them to maintain access to the single market after Brexit even if there is no UK EU deal.”
More Daily Fail spin.
The 50 jobs relate to Lloyds of London only.
The 34,000 estimate relates to the whole insurance market.
Inga Beale, Lloyd’s chief executive said: "The loss of these rights could be devastating to the City of London as nearly 5,500 firms registered in the UK use passporting rights to operate in other countries."
5,500 firms setting up satellite offices in Europe to retain passporting rights.
If each, like Lloyds more 50 jobs each to Europe, this is 275,000 jobs moved from the UK to Europe.
Given the size of Lloyds of London, using very conservative figures, say only 50% of businesses move an average of 20 jobs each to Europe. This is still 55,000 jobs lost to Europe.
Originally Posted by Thiswillbefun:
“German retailer uses the collapse in sterling to flood the UK market with cheap food and undercut British retailers.
More money being sucked out of the British economy...as spun by The Daily Fail.”
“German retailer uses the collapse in sterling to flood the UK market with cheap food and undercut British retailers.
More money being sucked out of the British economy...as spun by The Daily Fail.”
UK consumers will benefit from more competition between retailers and cheaper food.
UK workers will benefit from more jobs and higher pay, Lidl pays higher wages to its shop workers.
UK companies will suffer from more competition, lower profits, loss of market share.
The UK balance of trade suffers from a foreign company exporting its profits, which helps keep the value of the £ low, and the UK competitive.
Who should the UK economy be run for the benefit of UK consumers and workers or UK companies with vested interests and the value of the £ to benefit those with money.
Originally Posted by Thiswillbefun:
“More Daily Fail spin.
The 50 jobs relate to Lloyds of London only.
The 34,000 estimate relates to the whole insurance market.
Inga Beale, Lloyd’s chief executive said: "The loss of these rights could be devastating to the City of London as nearly 5,500 firms registered in the UK use passporting rights to operate in other countries."
5,500 firms setting up satellite offices in Europe to retain passporting rights.
If each, like Lloyds more 50 jobs each to Europe, this is 275,000 jobs moved from the UK to Europe.
Given the size of Lloyds of London, using very conservative figures, say only 50% of businesses move an average of 20 jobs each to Europe. This is still 55,000 jobs lost to Europe.”
“More Daily Fail spin.
The 50 jobs relate to Lloyds of London only.
The 34,000 estimate relates to the whole insurance market.
Inga Beale, Lloyd’s chief executive said: "The loss of these rights could be devastating to the City of London as nearly 5,500 firms registered in the UK use passporting rights to operate in other countries."
5,500 firms setting up satellite offices in Europe to retain passporting rights.
If each, like Lloyds more 50 jobs each to Europe, this is 275,000 jobs moved from the UK to Europe.
Given the size of Lloyds of London, using very conservative figures, say only 50% of businesses move an average of 20 jobs each to Europe. This is still 55,000 jobs lost to Europe.”
Lloyd's of London original 34,000 figure was everyone in London directly employed in the city's commercial insurance sector. They were claiming the whole sector could have to up and leave to carry on doing business in the EU. Now they are claiming all that is needed is small branch offices based in the EU to maintain access even if there is no UK EU deal.
Originally Posted by 1Mickey:
“You can create as many jobs as you want when they're zero hour. Its not a risk.”
“You can create as many jobs as you want when they're zero hour. Its not a risk.”
Lidl does not employ anyone in the UK on zero hour contracts.
Germany company not worried about Brexit.
Score for Brexit !! I love the battle between some members at posting negative VS positive news..
Score for Brexit !! I love the battle between some members at posting negative VS positive news..
Originally Posted by Mark_Jones9:
“Lidl does not employ anyone in the UK on zero hour contracts.”
“Lidl does not employ anyone in the UK on zero hour contracts.”
Well a quick search on Indeed gave the impression of no guaranteed hours but either way its still part time, which means you're likely to still need benefits and you're expected to be flexible which means their is a good chance you wont be able to get a second job to make up the hours.
Originally Posted by 1Mickey:
“Well a quick search on Indeed gave the impression of no guaranteed hours but either way its still part time, which means you're likely to still need benefits and you're expected to be flexible which means their is a good chance you wont be able to get a second job to make up the hours.”
“Well a quick search on Indeed gave the impression of no guaranteed hours but either way its still part time, which means you're likely to still need benefits and you're expected to be flexible which means their is a good chance you wont be able to get a second job to make up the hours.”
Not all the jobs in that level of expansion will be starter or bottom tier. You need managers, back office experts etc, so that's more skilled people and promotion for some.
Originally Posted by Thiswillbefun:
“German retailer uses the collapse in sterling to flood the UK market with cheap food and undercut British retailers.
More money being sucked out of the British economy...as spun by The Daily Fail.”
“German retailer uses the collapse in sterling to flood the UK market with cheap food and undercut British retailers.
More money being sucked out of the British economy...as spun by The Daily Fail.”
Absolutely. As we become poorer, they're the ones who are going to flourish and they know it. See also: "Wetherspoons".
My biggest market is shopfitting manufacturers, of which there are still many in the country. The discounters spend SFA on their shops, so with their profits exported, they don't benefit the country.
Originally Posted by jmclaugh:
“Surely post Brexit Lidl will be upping sticks and heading home to the EU.”
“Surely post Brexit Lidl will be upping sticks and heading home to the EU.”
Nah, they're the standard all over Eastern Europe, and they know we'll be at the same level in a few years. Waitrose will survive, but the mid range like Sainsburys and Tesco are going to find it very tough.
Originally Posted by jmclaugh:
“Surely post Brexit Lidl will be upping sticks and heading home to the EU.”
“Surely post Brexit Lidl will be upping sticks and heading home to the EU.”
No. low cost, low quality food will be in demand.
LIDL have just bought our local co op . closing it and making all the dozens of workers redundant just before xmas and have no intention of opening any kind of store for about 2 years,( I reckon eventually they will sell it on for housing) so our small town suffers joblessness and the loss of our supermarket in one fell swoop 
I HATE LIDL for what thy have done.
They do not seem to care about local people at all.
I HATE LIDL for what thy have done.They do not seem to care about local people at all.
Originally Posted by MargMck:
“Not all the jobs in that level of expansion will be starter or bottom tier. You need managers, back office experts etc, so that's more skilled people and promotion for some.”
“Not all the jobs in that level of expansion will be starter or bottom tier. You need managers, back office experts etc, so that's more skilled people and promotion for some.”
We'll see. I'm just going from my 10 or so years retail experience.
Originally Posted by 2shy2007:
“LIDL have just bought our local co op . closing it and making all the dozens of workers redundant just before xmas and have no intention of opening any kind of store for about 2 years,( I reckon eventually they will sell it on for housing) so our small town suffers joblessness and the loss of our supermarket in one fell swoop I HATE LIDL for what thy have done.
They do not seem to care about local people at all.”
“LIDL have just bought our local co op . closing it and making all the dozens of workers redundant just before xmas and have no intention of opening any kind of store for about 2 years,( I reckon eventually they will sell it on for housing) so our small town suffers joblessness and the loss of our supermarket in one fell swoop
I HATE LIDL for what thy have done.They do not seem to care about local people at all.”
You cannot buy what isn't for sell. I assume you hate co op just as much?
Originally Posted by trevgo:
“Nah, they're the standard all over Eastern Europe, and they know we'll be at the same level in a few years. Waitrose will survive, but the mid range like Sainsburys and Tesco are going to find it very tough.”
“Nah, they're the standard all over Eastern Europe, and they know we'll be at the same level in a few years. Waitrose will survive, but the mid range like Sainsburys and Tesco are going to find it very tough.”
Been gazing into your crystal ball again.
Lidl have far more stores in western than eastern Europe. Outside Germany France has the next highest number of Lidl stores.
Originally Posted by Mark_Jones9:
“UK consumers will benefit from more competition between retailers and cheaper food.”
“UK consumers will benefit from more competition between retailers and cheaper food.”
which would mean less taxes going to HMRC, so less money for services
Quote:
“UK workers will benefit from more jobs and higher pay, Lidl pays higher wages to its shop workers.”
“UK workers will benefit from more jobs and higher pay, Lidl pays higher wages to its shop workers.”
not necesarily. if lidl take trade away from other businesses it may result in job losses overall
Quote:
“UK companies will suffer from more competition, lower profits, loss of market share.”
“UK companies will suffer from more competition, lower profits, loss of market share.”
and therefore potentially job losses, less income to HMRC and more money paid out in benefits
Quote:
“The UK balance of trade suffers from a foreign company exporting its profits, which helps keep the value of the £ low, and the UK competitive.”
“The UK balance of trade suffers from a foreign company exporting its profits, which helps keep the value of the £ low, and the UK competitive.”
but not necesarily an overall benefit to the UK
Quote:
“
Who should the UK economy be run for the benefit of UK consumers and workers or UK companies with vested interests and the value of the £ to benefit those with money.”
“
Who should the UK economy be run for the benefit of UK consumers and workers or UK companies with vested interests and the value of the £ to benefit those with money.”
simply a matter of opinion really. remember ordinary people can benefit from businesses doing well as things like pensions can be invested that way
Originally Posted by kidspud:
“You cannot buy what isn't for sell. I assume you hate co op just as much?”
“You cannot buy what isn't for sell. I assume you hate co op just as much?”
Yes I do, I hate them both for underhanded way that both have acted. our little town has been let down badly by them, but I do think that LIDL have a bigger plan for the plot, to close a store and tell us that they do not intend opening back up for 2-3 years is just spiteful.
Originally Posted by MargMck:
“Not all the jobs in that level of expansion will be starter or bottom tier. You need managers, back office experts etc, so that's more skilled people and promotion for some.”
“Not all the jobs in that level of expansion will be starter or bottom tier. You need managers, back office experts etc, so that's more skilled people and promotion for some.”
a well run big business may not need that many more, if any, extra back office experts when more stores open. more and more things are automated and computised instead of people typing in forms
as for "managers" and "skilled people", you obviously don't spend much time in supermarkets
I use, and like, Lidl a lot. Plusses and minuses, wish they had as good a dairy selection (cakes, pasties etc) as Morrisons, but there's plenty of good stuff AND they don't play crappy crap musak at you. So having more staff is something I look forward to.
However there's no denying it's the cheap end of the market (no disgrace in that) and mor of them could put the Morrison's and Asda's in trouble - there's ony so much money to go round and it could simply shift from one shop to another.
So for the good news of more jobs...ultimately fewer elsewhere? And if Brexit does bite, won't more flock tot he cheaper shops?
However there's no denying it's the cheap end of the market (no disgrace in that) and mor of them could put the Morrison's and Asda's in trouble - there's ony so much money to go round and it could simply shift from one shop to another.
So for the good news of more jobs...ultimately fewer elsewhere? And if Brexit does bite, won't more flock tot he cheaper shops?
Originally Posted by 1Mickey:
“Well a quick search on Indeed gave the impression of no guaranteed hours but either way its still part time, which means you're likely to still need benefits and you're expected to be flexible which means their is a good chance you wont be able to get a second job to make up the hours.”
“Well a quick search on Indeed gave the impression of no guaranteed hours but either way its still part time, which means you're likely to still need benefits and you're expected to be flexible which means their is a good chance you wont be able to get a second job to make up the hours.”
Lidl offer various full and part-time employment to suit people's work life balance.
Many people choose to work part time, probably the hours they need to claim in work benefits.
Lidl do not employ anyone in the UK on zero hour contracts.
Lidl pay a minimum of £8.20 an hour in England, Wales, Scotland. £9.35 an hour London.
Lidl also gives its employees a 10% discount on their shopping.
As far as supermarket chains go they do not appear to be a bad employer.
Tesco by comparison employs lots of people on 8 hour contracts plus when needed, lower rates of pay £7.24 an hour, and 10% employee discount on their shopping.
Mark_Jones
Sorry but i've seen the reality of that in retail and if you aren't flexible enough you don't keep your job.
And many people in retail would like more guaranteed hours but can't get them because companies get more tax incentives for creating part time jobs.
From some of the reviews, i'd say "appears to be" is about right.
I never said any supermarket was good in that respect, although i have friends and relatives who have a high opinion of Sainsburys.
Quote:
“Lidl offer various full and part-time employment to suit people's work life balance.”
“Lidl offer various full and part-time employment to suit people's work life balance.”
Sorry but i've seen the reality of that in retail and if you aren't flexible enough you don't keep your job.
Quote:
“Many people choose to work part time, probably the hours they need to claim in work benefits.”
“Many people choose to work part time, probably the hours they need to claim in work benefits.”
And many people in retail would like more guaranteed hours but can't get them because companies get more tax incentives for creating part time jobs.
Quote:
“Lidl do not employ anyone in the UK on zero hour contracts.
Lidl pay a minimum of £8.20 an hour in England, Wales, Scotland. £9.35 an hour London.
Lidl also gives its employees a 10% discount on their shopping.
As far as supermarket chains go they do not appear to be a bad employer.”
“Lidl do not employ anyone in the UK on zero hour contracts.
Lidl pay a minimum of £8.20 an hour in England, Wales, Scotland. £9.35 an hour London.
Lidl also gives its employees a 10% discount on their shopping.
As far as supermarket chains go they do not appear to be a bad employer.”
From some of the reviews, i'd say "appears to be" is about right.
Quote:
“Tesco by comparison employs lots of people on 8 hour contracts plus when needed, lower rates of pay £7.24 an hour, and 10% employee discount on their shopping.”
“Tesco by comparison employs lots of people on 8 hour contracts plus when needed, lower rates of pay £7.24 an hour, and 10% employee discount on their shopping.”
I never said any supermarket was good in that respect, although i have friends and relatives who have a high opinion of Sainsburys.
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