Sainsbury’s CEO Simon Roberts urged UK government to intervene on soaring energy costs to curb grocery inflation.
He highlighted that food inflation hit 3.7% in March and the Food and Drink Federation forecasts a near‑10% price rise by December.
Sainsbury’s, with a 15.6% UK grocery share behind Tesco, said its focus remains on keeping prices low despite Iran‑related energy price surge.
Finance Minister Rachel Reeves emphasized keeping consumer and business costs down as the war in Iran drives higher energy bills.