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Tax rises could push food prices higher, warn supermarkets

Tax rises could push food prices higher, warn supermarkets

Michael RaceBusiness reporter Getty Images The bosses of Britain’s biggest supermarkets have warned food prices could rise even further if higher taxes are imposed on the sector. Grocers including Tesco, Asda, Sainsbury’s and Morrisons signed a letter to Chancellor Rachel Reeves ahead of her Budget next month, along with Lidl, Aldi, Iceland, Waitrose and M&S. They claimed households would “inevitably …

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