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		</div><p>Former Tesco boss Terry Leahy has urged the British people to vote to stay in the European Union, reiterating his warning that food prices will rise as a result of Brexit.</p>
<p>With just 10 days to go until the crunch vote, he said that the UK faces the prospect of a &#8220;major recession&#8221;, higher tariffs and capital flight should Britons opt for exit.</p>
<p>Speaking from the International Festival for Business in Liverpool, Mr Leahy told the Press Association: &#8220;The message is, don&#8217;t take a leap into the unknown. There is a major risk of recession that the UK cannot afford, we could see capital flight and the pound fall.</p>
<p>&#8220;Food prices will go up if we vote for Brexit as the supply chain would be severely disrupted and we would be paying tariffs. Consumers are a big part of the recovery, and we should protect that recovery, not risk it.&#8221;</p>
<p>His comments come after he and several other former high street bosses &#8211; Marc Bolland of Marks &#038; Spencer, Justin King of Sainsbury&#8217;s and Ian Cheshire of B&#038;Q owner Kingfisher &#8211; penned a letter in May warning that Brexit would be &#8220;catastrophic&#8221;.</p>
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This is B….S. Tesco is such a bad supermarket with a history of nothing but fraud, nobody sensible will listen to them. As a matter of fact, if they dare increase prices, there will be a massive outflow of all their customers moving into other supermarkets.