Love or hate – marmite now more than petrol!

I know what I’d rather eat – marmite any day. Petrol never really appealed to me.

Marmite XO - puts hairs on your chest

But there was news earlier this week that the proice or marmite has now reached the dizzy heights of a fiver. Five quid for a jar of the black stuff. I have to admit that I love it. This is despite spending a day with my late dad in about 1977 on what was then ‘work experience’. We went to the most boring meeting I could have ever imagined in Burton on Trent. It was at a foundry which was near to the marmite factory. I can still smell it now.

But this didn’t put me off Marmite. It put me off meetings!

It is made from spent brewers yeast – hence the connection with Burton on Trent home of a number of Breweries including Marstons.

And earlier this year I bought some XO Marmite in Selfridges in Birmingham. It is a bit potent…

But in reality it’s not so expensive compared to some of our other commodities:

Printer Ink – £1,700 per gallon
Chanel No.5 – £15,600 per gallon
Evian water – £4.00 per gallon
Scorpion Venom – £24.3m per gallon

And that essential of all commodities – a Starbucks Grande Cappucino weighs in at a mere £19.60 a gallon!

My only observation is that the Marmite goes quite a bit further than a gallon of petrol – especially in my car!

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About Tim GARRATT

Chartered Surveyor based in Nottingham UK. Shareholding Director of Innes England - commercial property consultants. Co-Chairman of Abel Collins Almshouses in Nottingham. Board member of Nottingham Regeneration Limited. Member of the Sheriffs Commission Advisory Panel. Director of Aspley Hall Estates Ltd. View all posts by Tim GARRATT

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