Tesco boss downplays double-digit food inflation warning over Iran war

City AM — Apr 16, 08:05 AM

Ken Murphy said Tesco has faced no supply chain disruptions so far https://www.cityam.com/wp-content/uploads/2025/10/Ken-MurphyGettyImages-2195802125.jpg?w=1107" />

The boss of Tesco said he doesn’t “recognise” warnings that food inflation could soar to double digits this year due to supply chain chaos caused by the Iran war.

Ken Murphy, chief executive of the supermarket giant, said he currently has no concerns over significant price inflation and “doesn’t know” whether this is coming down https://www.cityam.com/tesco-boss-ken-murphy-doesnt-recognise-double-digit-food-inflation-warning/">[...]

Read full article at City AM →

Tesco warns of war uncertainty

Tesco Ireland boosts market share to almost a quarter as sales touch €3.7bn Irish Times — Apr 16, 08:54 AM
Tesco warns Middle East war is clouding outlook Irish Times — Apr 16, 08:54 AM
Tesco will do âwhatever it canâ to keep down food prices amid Iran war LBC — Apr 16, 09:24 AM
Tesco will do ‘whatever it can’ to keep down food prices amid Iran war The Standard — Apr 16, 09:18 AM