No Christmas Crisis On Cards, Say Chiefs

Two of the UK’s leading food retail bosses have reassured the nation that supplies will not run out at Christmas – despite a “perfect storm” of adverse market conditions.

- Mark Reynolds

Head of Tesco John Allan and managing director of Iceland Richard Walker both spoke out in a bid to quell alarm over the prospect of empty shelves.

They stressed that Christmas “would not be terrible” and there is no need to return to the panic-buying seen at the start of the pandemic.

However, the pair did warn of inevitable price rises of up to five per cent because of the perfect storm of lorry driver and gas shortages.

The retail chiefs said the entire sector was doing everything possible to tackle the problems, meaning the nation would not face a “horrendous crisis”.