Overview
- Lidl completed a £285 million redevelopment at Belvedere in London, adding a second building that triples the site’s capacity and is expected to serve about 120 stores.
- Construction has begun on a £150 million warehouse in Leeds that is projected to generate around 400 roles once operational.
- The two logistics projects total £435 million and are expected to create more than 500 jobs, including about 120 positions in London.
- Chancellor Rachel Reeves welcomed the move as strengthening supply chains and access to affordable food, while Lidl framed the investment as supporting economic growth.
- Kantar data places Lidl as the UK’s sixth-largest grocer and closing in on Morrisons, and the retailer joined a British Retail Consortium letter warning that potential autumn tax rises could hurt living-standards goals.