Marmite lovers can relax - the Tesco-Unilever stand-off is over


The great Marmite panic of 2016 is over. The supply situation with Tesco involving the beloved spread and other products has been successfully resolved, Unilever said.

In a statement the company said the items were once again "fully available".

Neglected Marmite jars

A spokesman confirmed: "Unilever is pleased to confirm that the supply situation with Tesco in the UK and Ireland has now been successfully resolved.

"We have been working together closely to reach this resolution and ensure our much-loved brands are once again fully available. For all those that missed us, thanks for all the love."

A Tesco spokesman said: "We always put our customers first and we're pleased this situation has been resolved to our satisfaction."

Earlier, Unilever's finance chief said that the price of Marmite and other products are set to rise as a result of the collapse in sterling, with experts warning that consumers could have to stomach more pain in the new year.

The group's chief financial officer Graeme Pitkethly said: "In the UK, which accounts for 5% of turnover, prices should start to increase to cover the cost of imported goods due to weaker sterling."

The group, which is also behind brands such as Flora, Persil, Hellmann's mayonnaise and Ben & Jerry's ice cream, is believed to have demanded a 10% price rise due to the falling value of sterling, halting deliveries to Tesco when it refused.