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Iceland boss issues bleak warning to anyone who buys its food

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Sign up to FREE email alerts from our Money Saving Club Newsletter The boss of frozen food giant Iceland has issued a bleak warning to anyone who shops in its stores.

He says that price rises are 'inevitable' due to current HGV shortages. Richard Walker, managing director of Iceland, explained how companies are increasing the wages of lorry drivers to entice more workers back on the road.

Mr Walker said this combination of factors could lead to price inflation, with consumers paying more for goods on shelves. Speaking to Sky News, he said: “I think inevitably it will lead to some form of inflation because this driver issue is affecting the whole supply chain. READ MORE: Home Bargains issues closure notice that affects every UK store "It's

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