• Thursday, May 26, 2022

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EU exit would mean higher prices warns retail chiefs

Oxford Street shops

By: Eastern Eye Staff

A number of ex retail bosses from Tesco, Sainsbury’s, M&S, Asda, Waitrose, Morrisons and B&Q have today spoken out about how Britain leaving the European Union would lead to a rise in prices for shoppers in the UK. High profile figures from Britain’s retail giants which included former Tesco boss Sir Terry Leahy, former Marks and Spencer boss Marc Bolland, and former Sainsbury’s boss Sir Justin King all signed an open letter along with the USDAW trade union warning upcoming referendum voters that a leave vote would be “catastrophic for millions of ordinary families.” Representing over 425,00 workers USDAW said…

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