Tesco chair warns of further inflation with ‘the worst yet to come’

John Allan has been appointed chairman of Tesco

Tesco chair John Allan has warned that supermarket prices could rise as much as 5% by spring.

He added that he was aware that some people are currently being forced to choose between food and heating, which he said “troubles us and I’m sure troubles many people… that’s clearly not a situation that any of us should tolerate”.

 

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