Tesco chairman says customers are ‘extremely overstretched’ as he calls for windfall tax on energy firms

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Tesco chairman John Allen told BBC Radio 4’s Today programme that the supermarket’s customers are “extremely stretched”, adding there was an “overwhelming need” for a windfall tax on energy companies.

When asked what he wanted to see from the Queen’s speech at the opening of Parliament today, he said: “First of all, I think action to help people cope with a very, very sharp increase in energy prices.

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  • Richard Moss 4 years ago

    What about a windfall tax on supermarkets, they seem to be doing extremely well, while prices continue to rise so do their profit margins.

    Reply

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Tesco chairman says customers are ‘extremely overstretched’ as he calls for windfall tax on energy firms

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// READ MORE ON GROCERY GAZETTE

Tesco chairman John Allen told BBC Radio 4’s Today programme that the supermarket’s customers are “extremely stretched”, adding there was an “overwhelming need” for a windfall tax on energy companies.

When asked what he wanted to see from the Queen’s speech at the opening of Parliament today, he said: “First of all, I think action to help people cope with a very, very sharp increase in energy prices.

Read the full story here. 

Click here to sign up to Retail Gazette‘s free daily email newsletter

Grocery

1 Comment. Leave new

  • Richard Moss 4 years ago

    What about a windfall tax on supermarkets, they seem to be doing extremely well, while prices continue to rise so do their profit margins.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
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