Fruit and vegetables most at risk of price hikes due to storage issues as supermarket unveils big drop in profits
Supermarket prices will go up unless the UK government negotiates a tariff-free Brexit deal with Europe, the boss of Morrisons, Britain’s fourth-largest grocery chain, has warned.
“From our point of view representing British consumers we would like the government and the leaders of the country to negotiate a deal that includes no tariffs UK to Europe or Europe to the UK because tariffs do drive inflation,” said David Potts, the chief executive of the Bradford-based supermarket. He added that avoiding inflation was particularly important in a “recession year”.
