Tesco Chairman Sees ‘Real Food Poverty’ as Cost of Living Rises
Tins of food at a food bank in London, U.K.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
Tesco Plc Chairman John Allan said many customers are struggling to afford to heat their homes and feed their families as the cost of living becomes unbearable for some U.K. consumers.
“There’s no doubt at all people who have never had to go to a food bank are now having to do so,” Allan said in an interview with the BBC Radio 4 Today program on Tuesday. “I think we’re seeing real food poverty for the first time in a generation.”