Aldi’s UK boss warns shoppers face higher food prices if budget heaps extra costs on retailers

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Aldi’s UK boss warns shoppers face higher food prices if budget heaps extra costs on retailers

No-frills supermarket reports sales rise as Food and Drink Federation says price inflation may hit 5.7%

The UK boss of Aldi has said shoppers could face higher food prices if the government introduces further measures that increase costs for employers.

The warning by Giles Hurley, the chief executive of Aldi in the UK and Ireland, came as the supermarket chain released annual results showing sales increased slightly to £18.1bn last year while profits fell more than a fifth.

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AldiSupermarketsRetail industryBusinessUK newsEconomic policyPoliticsEconomicsInflation

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