Tesco boss in 'parallel universe' over price rises, says UK farmers' chief

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Tesco boss in 'parallel universe' over price rises, says UK farmers' chief
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Britain's farming union accused the boss of Tesco , the country's biggest supermarket, of living in a 'parallel universe' after he said food companies may be using inflation as an excuse to hike prices further than necessary.

Asked by BBC television on Sunday if food producers were taking advantage of the poorest in society, Tesco chairman John Allan said it was "entirely possible".Minette Batters, president of Britain's National Farmers' Union, said she was "slightly baffled", by Allan's comments.

"It was almost like he was living in a parallel universe," she told BBC radio on Monday, noting farmers and growers were facing unprecedented hikes in production costs. "We're seeing a wholesale gas price that's 650% higher than it was back in 2019 and the cost inflation on the back of that has been unprecedented and it has dwarfed any price increases to date," she said.

Allan said there had been "very robust discussions" between Tesco and a number of suppliers, and referenced last year's"We didn't have Heinz soup and Heinz tomato ketchup for a spell last summer when they tried to put through a large price increase at that stage. That was eventually settled," he said.Last week Tesco, which has a 27.

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