<div class="wpcnt">
			<div class="wpa">
				<span class="wpa-about">Advertisements</span>
				<div class="u top_amp">
							<amp-ad width="300" height="265"
		 type="pubmine"
		 data-siteid="111265417"
		 data-section="2">
		</amp-ad>
				</div>
			</div>
		</div><p>Food prices in the UK are &#8220;very likely&#8221; to rise as a result of Brexit, the chairman of Tesco has warned.</p>
<p>John Allan said the plunge in the value of sterling would have a knock-on impact on customers.</p>
<p>Asked about whether Brexit would increase the price of food, Mr Allan told BBC Radio Four&#8217;s Today programme: &#8220;I think it&#8217;s probable, it obviously depends on currency, where the pound settles. If it stays where it is, it is likely.&#8221;</p>
<p>Mr Allan insisted he wanted to protect customers as much as possible after Tesco had a high-profile dispute with a supplier who tried to use the fall in the pound to increase prices.</p>
<p>&#8220;Everyone who wants to increase prices will get scrutiny. We are trying to defend our customers from unjustified price increases</p>
<p>&#8220;But, that it is likely there will be some price increases going forward &#8211; I think is very likely.</p>
<p>&#8220;Remember at the moment we have got virtually nil inflation. Inflation I think could nudge up to 2% or 3%, food prices would be a part of that,&#8221; he said.</p>
<p>Mr Allan warned that suppliers are &#8220;very concerned&#8221; about restrictions on migrant labour after Brexit, as he insisted Britain could not just take highly skilled immigrants.</p>
<p>&#8220;We have about a million, for example, EU citizens living in London, and many hundreds of thousands elsewhere in the country.</p>
<p>&#8220;And industries like the agricultural industry, picking and packing fruit and veg, and meat, and so on, are heavily dependent on migrant workers &#8211; not just seasonal migrant workers, but people who are here 52 weeks a year.</p>
<p>&#8220;And I know our fresh food suppliers are very concerned that is properly taken into account.</p>
<p>&#8220;We don&#8217;t just need brain surgeons and architects, I think we need many people who do much more ordinary, but nonetheless extremely important, jobs,&#8221; he said.</p>
<p>France&#8217;s ambassador to the UK, Sylvie Bermann, said she expected French people to be treated the same way in Britain as Britons would be in France after Brexit.</p>
<p>&#8220;I think it will be dealt with on a reciprocal basis,&#8221; she told the BBC.</p>
			<div style="padding-bottom:15px;" class="wordads-tag" data-slot-type="belowpost">
				<div id="atatags-dynamic-belowpost-68ed5e5166fd1">
					<script type="text/javascript">
						window.getAdSnippetCallback = function () {
							if ( false === ( window.isWatlV1 ?? false ) ) {
								// Use Aditude scripts.
								window.tudeMappings = window.tudeMappings || [];
								window.tudeMappings.push( {
									divId: 'atatags-dynamic-belowpost-68ed5e5166fd1',
									format: 'belowpost',
								} );
							}
						}

						if ( document.readyState === 'loading' ) {
							document.addEventListener( 'DOMContentLoaded', window.getAdSnippetCallback );
						} else {
							window.getAdSnippetCallback();
						}
					</script>
				</div>
			</div>
Discover more from London Glossy Post
Subscribe to get the latest posts sent to your email.