00:00Lidl currently operates more than 980 stores and 14 distribution centres across England, Scotland and Wales, with thousands more across Europe.
00:10Following a major £285 million expansion of their Belvedere warehouse in London, which tripled the site's overall capacity,
00:18the retailer is now set to create around 400 new jobs in Leeds, as construction is underway on a £150 million warehouse in the Gildesham area of the city.
00:29The construction at this 38-acre site forms part of its long-term ambition to operate 1,000 stores across the country.
00:36Lidl continues to be one of the fastest-growing grocery retailers in Britain,
00:41and is currently ranked the sixth-largest supermarket, according to recent data from Kantar, inching closer to overtaking rival Morrisons in the rankings.
00:50The Chancellor and Leeds West and Pudsey MP Rachel Reeves has welcomed the investment, calling it a strong vote of confidence in the UK economy.
00:58She said Lidl's continued investment in new warehouse facilities in both London and Leeds would help generate hundreds of jobs,
01:05strengthen the UK's supply chains, and ensure that families have access to affordable, high-quality food.
01:11Lidl's chief real estate officer for Great Britain, Richard Taylor, added that the company is proud to play a role in driving economic growth.
01:19Meanwhile, Lidl recently joined a group of leading UK retailers in signing a letter addressed to Rachel Reeves,
01:26cautioning against potential tax hikes in the upcoming autumn budget.
01:30The letter was issued by the British Retail Consortium, and warned that rising costs are making it increasingly difficult for businesses to absorb financial pressures.
01:39In response, the Treasury stated that it remains a pro-business government.
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