Aldi warns food prices may rise if Budget lifts costs

The boss of Aldi has warned that any measures in the Budget that further increase costs on employers could lead to higher food prices.

- 

Aldi UK chief executive Giles Hurley said the impact of last year’s National Insurance rise and the cost of new packaging rules had already “rippled through to prices on the shelfedge”.

“Any policies which affect the operating costs of business should be considered very, very carefully because of the very real risk they find their way... back into the food system and onto prices,” Mr Hurley told the BBC.

The Treasury said the Budget “will build an economy that works for working people” such as cutting inflation and “keeping a tight grip on public spending”.