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Marmitegate. In DICTIOUS you will not only get to know all the dictionary meanings for the word
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English
Etymology
From Marmite + -gate.
Proper noun
Marmitegate
- (UK, informal) A controversy in 2016 which Marmite and related products had their prices increased by the manufacturer, blamed on a fall in the pound after Brexit, and leading to the temporary withdrawal of those products from Tesco supermarkets.
2016 October 20, Martinne Geller, “Unilever's 'Marmitegate' shows strain on consumer industry”, in Reuters UK:The day “Marmitegate” dominated the front pages of British newspapers, the company reported a 3.2 percent rise in quarterly sales - with a 0.4 percent drop in the number of goods sold comfortably offset by a 3.6 percent increase in prices.
2016 November 17, “Tesco chief warns brands not to make UK shoppers pay for weak pound”, in The Guardian:In his first comments since last month’s “Marmitegate” stand-off, Dave Lewis said consumers should not be asked to pay “inflated prices” due to fluctuations in currencies, such as the post-referendum slump in the pound.
2017 January 26, Zlata Rodionova, “Brexit: Unilever boss says Britain should 'get used to' price rises after slump of pound sterling”, in The Independent:The chief executive of Unilever, the consumer goods giant at the centre of Marmitegate, said Britain should “get used to” price rises triggered by a slump in the pound after the Brexit vote.
2018 December 15, “Sainsbury's and ASDA plan joint assault on suppliers”, in Telegraph:Sainsbury’s and Asda are preparing a joint assault on the grocery industry’s biggest suppliers if their blockbuster merger is approved, in a move that will revive memories of the Marmitegate price row between Tesco and Unilever.