Aldi Boss Warns of Higher Grocery Prices

Aldis CEO, Giles Hurley, urges Rachel Reeves to reconsider proposed tax changes affecting farmers, warning of potential grocery price hikes. Hurley emphasizes the importance of a robust British food system, with Aldi sourcing 80% of its products locally. Baroness Batters report is expected to highlight negative impacts on farm profitability. Despite inflation, Aldi promises to keep prices lower than competitors.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.