Responding to Tesco’s third quarter and Christmas trading figures, Unite general secretary Sharon Graham said: “While workers and their families, including Tesco’s own workers, are still struggling with rampant food inflation, Tesco is paying out millions in shareholder dividends and their executive pay has soared.  This sort of rampant profiteering is simply a disgrace, and it must be stopped."

In the past four years, food prices in the UK have rocketed by a staggering 40 per cent – yet between 2020/21 and 2024/5 Tesco saw its operating profit balloon by almost three quarters (72 per cent).

ENDS

Notes to Editors 

Between 2022-2024 Tesco’s total executive pay increased by 82 per cent.

For media enquiries ONLY please contact Unite press officer Natasha Wynarczyk on 07970081524

Email: natasha.wynarczyk@unitetheunion.org