Ministers should ‘start doing stuff’ to help farmers and cut fuel costs, says Asda boss

🤖AI Özeti

Allan Leighton, the executive chair of Asda, has urged the government to take action to support farmers and reduce fuel costs, warning that food prices are set to rise due to ongoing conflicts in the Middle East. Asda's full-year profits have dropped by a third to £764 million, highlighting the financial pressures faced by the supermarket. While Leighton noted that they have only received a few requests for price increases from suppliers, he acknowledged the significant challenges posed by rising costs of fertiliser, energy, and fuel.