M&S Dine in for Two deal, roi v ni

NIMAN

How can m&s justify charging €14 for this deal when it's £10 in NI??

£10 is about €11

L1011

Alcohol duty mostly

ssmith6287

2 seperate companies, they dont need to justify anything

Quackster

At least M&S has a valid excuse with the crazy duty on wine here.

But this type of pricing difference is commonplace. Just look at Dealz €1.50 versus Poundland £1.

Xterminator

VAT is different, min wage is different, energy costs are higher;
currency fluctuations, economies of scale ....

really do we have to go through this every time?

NIMAN

Xterminator wrote: »

VAT is different, min wage is different, energy costs are higher;
currency fluctuations, economies of scale ....

really do we have to go through this every time?

Well excuse me.:rolleyes:

ScouseMouse

NIMAN wrote: »

Well excuse me.:rolleyes:

Er Why? This has been played out hundreds of times and been answered the exact same way.

orchidsrpretty

Was in tx maxx yesterday and was going to buy a top marked at £29.99. Got to the till and the cashier said she'd have to calculate euro price. Took out a piece of paper and said that will be €39.99 !!!! I left it out of principle.

ssmith6287

As much as I dislike it the North is a different country. there is as much logic comparing our prices with them as there is comparing with china. Funny how no one ever gives out that our minimum wage is €9.25 and the UK is £6.70 which works out around €7.50. Also that the Irish jobseekers allowance is €188 whereas the uk is £73 which works out just over €80,

whiterebel

ssmith6287 wrote: »

As much as I dislike it the North is a different country. there is as much logic comparing our prices with them as there is comparing with china. Funny how no one ever gives out that our minimum wage is €9.25 and the UK is £6.70 which works out around €7.50. Also that the Irish jobseekers allowance is €188 whereas the uk is £73 which works out just over €80,

Our minimum wage isn't €9.25 for everyone. It only goes up to that after 2 years. The first year is only €7.??, rising in the second year, and then up to 9.25 for the 3rd year on. Not a lot of people seem to be aware of it.

Lux23

A euro is 92 pence right now, so that deal is actually €12.84. That really isn't much of a difference and I can see them increasing it.

Winterlong

At €14 it is still a bloody great deal.

L1011

whiterebel wrote: »

Our minimum wage isn't €9.25 for everyone. It only goes up to that after 2 years. The first year is only €7.??, rising in the second year, and then up to 9.25 for the 3rd year on. Not a lot of people seem to be aware of it.

Not many companies actually do the under-18 or starting year reductions though. There's effective full employment in most urban areas now so you simply won't get staff offering the reduced amounts.

AndrewJRenko

ssmith6287 wrote: »

As much as I dislike it the North is a different country. there is as much logic comparing our prices with them as there is comparing with china. Funny how no one ever gives out that our minimum wage is €9.25 and the UK is £6.70 which works out around €7.50. Also that the Irish jobseekers allowance is €188 whereas the uk is £73 which works out just over €80,

whiterebel wrote: »

Our minimum wage isn't €9.25 for everyone. It only goes up to that after 2 years. The first year is only €7.??, rising in the second year, and then up to 9.25 for the 3rd year on. Not a lot of people seem to be aware of it.

There isn't much point in cross-border comparisons of cash amounts like this out of context. For a start, UK employees have the NHS behind when they get ill, which ROI don't - so that's a very significant set of out-of-pocket expenses that ROI employees need to cover out of their wages.

CeilingFly

NIMAN wrote: »

How can m&s justify charging €14 for this deal when it's £10 in NI??

£10 is about €11

These threads become so boring...


Can I ask if you will take a variable wage depending on the current exchange rate of sterling.

Would the landlord of the compnay you work for accept a variable rent for the premises according to variable exchange rates.

Would people accept a variable children's allowance / other social welfare depending on exchange rates with a different country?


So many costs in retail and other industries are fixed with that market and do not change up and down like a yo yo with currency rates.

In addition there are tax differences on products.

In the UK vat is 20% on wine. In ireland it is 23% + there is 23% vat on "luxury food" e.g. the desert portion (UK is 0%) In the UK duty on a bottle of wine is €2.35 + 20% vat, in Ireland its €3.19 + 23% vat.

So £10 = about €11 + extra duty on the wine of 85c + extra vat on the wine and the wine duty = about 50c + vat on the desert portion about 50c. You are now at 12.85 on a pure like for like + extra taxes.

Now its highly unlikely that the unions will allow for staff to have their wages dropped by 15% just beacuse sterling has fallen, hardly likely that the various landlords will drop rents by 15% too and hardly likely that all the otehr costs associated with retail will drop 15% too.

But maybe you can start a trend and ask for a 15% wage cut yourself and ask that everyone else io the coutry does so too so that it can be reflected in wage costs reducing to UK levels?

geddit?

whiterebel

L1011 wrote: »

Not many companies actually do the under-18 or starting year reductions though. There's effective full employment in most urban areas now so you simply won't get staff offering the reduced amounts.

I doubt my young lad who was out looking for work would agree with you. Most companies were offering it.

Former Former

whiterebel wrote: »

Our minimum wage isn't €9.25 for everyone. It only goes up to that after 2 years. The first year is only €7.??, rising in the second year, and then up to 9.25 for the 3rd year on. Not a lot of people seem to be aware of it.

And in the UK, it's £5.60 for 18-20 year olds. That's €6.14 by today's exchange rate.

So the point is still valid.

L1011

whiterebel wrote: »

I doubt my young lad who was out looking for work would agree with you. Most companies were offering it.

And probably not getting any staff as a result; unless you live somewhere with significantly higher than average unemployment.

Major supermarkets do not pay the reduced rate anyway - not that the UK doesn't also have one as you've been shown.

rubadub

NIMAN wrote: »

How can m&s justify charging €14 for this deal when it's £10 in NI??

Quackster wrote: »

At least M&S has a valid excuse with the crazy duty on wine here.

They don't really have to excuse or justify anything. You justify if its worth the price to yourself. If you went to dunnes or tesco would you get equivalent products, bearing in mind quality of course, for the same price.

They could well make a profit selling lower here, the guy setting the prices has to justify his price point to his boss. They would be morons not to maximise their profits -and it would be ridiculous to ignore the going local market rate.

Quackster wrote: »

But this type of pricing difference is commonplace. Just look at Dealz €1.50 versus Poundland £1.

Dealz is still extremely cheap for many items, a few rivals in dun laoghaire closed down recently. Dealz might make a grand profit if they dropped to 1.20 or 1.30, but how could the guy setting prices justify this when the place is very busy, and all the local shops were selling often the exact same thing for €2. Before those rival shops closed many were dropping down to 1.50 on many items which were €2.

davo10

You don't have to go back to far when £10 was more than €14 ( more expensive in the North), that's just currency fluctuations for you. It's not beyond the realms of belief that soon £10 could be €10 so they don't have to justify anything, currency fluctuations are a reality that all business have to accept at the moment, its fantastic now for those that have to import from the UK and a disaster for exporters.

NIMAN

CeilingFly wrote: »

These threads become so boring...


Can I ask if you will take a variable wage depending on the current exchange rate of sterling.

I do already.

bilbot79

NIMAN wrote: »

How can m&s justify charging €14 for this deal when it's £10 in NI??

£10 is about €11

Would correspond to the traditional exchange rate really. 10 pounds currently feels like 11 euros to us but it feels like 14 euros to them.

ytpe2r5bxkn0c1

bilbot79 wrote: »

Would correspond to the traditional exchange rate really. 10 pounds currently feels like 11 euros to us but it feels like 14 euros to them.

Pardon???

bilbot79

Rogelio Wailing Whimper wrote: »

Pardon???

Yes dear? 😉

whiterebel

L1011 wrote: »

And probably not getting any staff as a result; unless you live somewhere with significantly higher than average unemployment.

Major supermarkets do not pay the reduced rate anyway - not that the UK doesn't also have one as you've been shown.

One of the SuperValu branches he works in is one of the ones doing it.