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You are here: Home / Tesco announces it is STOCKPILING for No Deal: Supermarket boss sparks Christmas panic buying fears for families amid chaotic scenes at ports already hit by covid delays

Tesco announces it is STOCKPILING for No Deal: Supermarket boss sparks Christmas panic buying fears for families amid chaotic scenes at ports already hit by covid delays

Tesco was today accused of ‘grossly irresponsible scaremongering’ and encouraging pre-Christmas panic-buying after announcing they are stockpiling in case of a No Deal Brexit as Covid-19 strangled imports of Christmas presents via the UK’s snarled-up ports. Britain’s biggest retailer is building up stores of long-life food such as pasta or tins and has warned of months of fresh food shortages in 2021 as Boris Johnson struggles to find a way through the deadlock in trade negotiations with Brussels. John Allan, the chairman of Tesco, believes the average shopping bill could go up five per cent and also claimed French cheeses like brie could be 40 per cent more expensive if there is no EU trade deal. But critics have said there is plenty of British brie to eat and the UK is already importing 20 per cent less cheese from abroad every year. Mr Allan, who joined the supermarket last year, said: ‘Tesco is getting ready for the worst case which is a No Deal, trying to ensure as much as we can that we stockpile long life products either in our warehouses or with our suppliers. We are trying to minimise the risk of food being caught in what is probably going to be the most… Read full this story

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Tesco announces it is STOCKPILING for No Deal: Supermarket boss sparks Christmas panic buying fears for families amid chaotic scenes at ports already hit by covid delays have 245 words, post on www.dailymail.co.uk at December 10, 2020. This is cached page on CuBird. If you want remove this page, please contact us.

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