Asda executive chair Allan Leighton warns of inevitable food price hikes due to Middle East conflict, calling on ministers to take action to aid farmers and consumers
Asda executive chair Allan Leighton has issued a stark warning about the impact of the conflict in the Middle East on food prices, urging the government to take immediate action to support farmers and ease the burden of rising fuel costs for consumers.
Leighton's call to action comes as Asda reports a 33% dive in its full-year profits to £764 million, a trend the retail boss predicts will continue as the supermarket grapples with the fallout from the geopolitical upheaval.
Source: The Guardian
