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The Guardian - UK
The Guardian - UK
Business
Miles Brignall

Tesco chairman warns of food price inflation at 5% by spring

Customer shops in Tesco
A customer shops for food inside a Tesco supermarket. Photograph: Daniel Leal/AFP/Getty

The chairman of Britain’s biggest supermarket chain has warned that “the worst is yet to come” on food price inflation, as he predicted it will soon hit 5%.

John Allan, who has chaired Tesco since 2015, told the BBC’s Sunday Morning programme that he was well aware people on very tight budgets were having to choose between food and heating. He said the idea that this was happening was very troubling.

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