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Evening Standard
Evening Standard
Business
Simon English

Back to the 70s: Primark to put prices up as boss warns on inflation spiral

Primark George Weston Inflation Fraser McKevitt Covid-19 Kantar Tesco

FRESH fears about how bad inflation could get were stoked today when Primark boss George Weston warned we are “back in the 1970s” and an influential data group said food prices are rising at the fastest for 11 years.

Primark, owned by Associated British Foods, said it would have no choice but to increase prices later this year, a possible dent to its image as a value-for-money retailer.

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