The Tesco boss has warned ‘the worst is yet to come’ – here’s what the big chains are doing to fight it
The worsening cost of living crisis has focused attention on the cost of the weekly shop. Households already grappling with rising energy bills, petrol prices, tax, mortgage payments and rent can also expect to pay more for groceries this year.
At the weekend, the chair of the UK’s biggest supermarket chain, Tesco, warned “the worst is yet to come” for food price inflation, forecasting it would soon hit 5%.
