Overview

• At Belvedere in southeast London, a £285 million redevelopment added a second building that triples capacity, with the site expected to serve about 120 stores once fully operational.
• Construction has started on a new £150 million, 38-acre distribution hub at Gildersome in Leeds, with around 400 jobs projected.
• Across both projects, Lidl expects to create more than 500 roles, including roughly 120 positions linked to the London site.
• Chancellor Rachel Reeves praised the investment as a vote of confidence in the UK economy, and Lidl’s real estate chief said the company is focused on driving economic growth.
• The expanded logistics footprint supports a retailer ranked sixth by Kantar with more than 980 UK stores and comes as major chains, including Lidl, warn via the BRC against potential tax rises in the autumn budget.