Do Not Make It Harder for Grocers to Lower Prices, Tesco Boss Urges Government

Do Not Make It Harder for Grocers to Lower Prices, Tesco Boss Urges Government
Tesco raised its profit outlook for the year on the back of stronger sales. Jonathan Brady/PA
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The boss of Tesco has made a plea to the Government to not “make it harder” for the grocery sector to keep prices low for customers ahead of the autumn Budget, despite revealing profits could surpass £3 billion this year.

Households budgets remain squeezed and shoppers are increasingly seeking out value, according to the UK’s biggest supermarket.