Tesco Murphy News Today

Houthi rebels have effectively closed one of the world’s main trade routes

When asked if the cost of living crisis was fuelling a surge in loyalty card sign-ups, Tesco chief Ken Murphy told reporters: “You’d be mad to shop without a Clubcard.”

"I want those who break the law in our stores brought to book," Tesco CEO Ken Murphy says.

In France, govt has secured a pledge from 75 food companies to cut prices on hundreds of products

Bank of England Governor Andrew Bailey said this week that British food price inflation had been slower to drop than global commodity prices, despite past reassurances from the Banks contacts in the... | June 16, 2023

Bank of England Governor Andrew Bailey said this week that British food price inflation had been slower to drop than global commodity prices, despite past reassurances from the Bank's contacts in the retail industry that prices would fall.

It was a mixed bag as many big retailers remained strong but some stragglers slipped further behind