Supermarkets pile pressure on government to cut energy costs

Supermarkets pile pressure on government to cut energy costs

Supermarkets are calling on the government to cut taxes on energy to help retailers dodge looming food inflation, with Sainsbury’s, Tesco, M&S and Asda piling pressure on Labour. The boss of Sainsbury’s, the UK’s second-largest grocer, became the latest industry figure to call for the Treasury to step in. On Thursday, the supermarket said it is expecting the Iran war to weigh on profit, as the FTSE 100 company said the conflict will “impact both…