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Evening Standard
Evening Standard
World
Ted Hennessey

Tesco chairman: Worst is yet to come on rising food prices

Tesco John Allan

John Allan, Chairman of Tesco, appears on BBC's Sunday Morning show

(Picture: via REUTERS)

The worst of rising food prices is “yet to come” ahead of a potential five per cent increase in spring, the chairman of Tesco has said.

It comes amid the cost of living crisis, which will result from surging energy prices and increased national insurance contributions in April.

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