Article 7111Y Supermarkets tell Reeves tax rises could push food prices higher

Supermarkets tell Reeves tax rises could push food prices higher

by
Lauren Almeida
from World news | The Guardian on (#7111Y)

Households would inevitably feel the impact' of a surtax on business rates, say retailers in letter to chancellor

Food prices in the UK could climb even further if the chancellor raises taxes on supermarkets at the next budget, the industry has warned.

Supermarket bosses, including those at Tesco, Asda, Sainsbury's and Morrisons, have said in a letter to Rachel Reeves that households would inevitably feel the impact" of potential tax rises on the sector.

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