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Forum reacts to announcement of Groceries Code Adjudicator's Tesco investigation

Phil Orford MBE , chief executive of the Forum of Private Business, said:“We are very concerned to learn that Tesco has potentially broken the Groceries Supply Code of Practice.

“This is particularly alarming given that Tesco last month took steps towards healing its relationship with small businesses with its online Supplier Network.

“If the GCA proves the breach of its code, this latest development demonstrates that supply chain abuse is endemic to the Tesco business.

“At a time when the economic outlook remains uncertain it is fundamentally unfair that small businesses are being used as a line of credit for larger organisations and propping up big business.

 

“This is yet another example of the supply chain abuse that threatens to break the backbone of the British economy – small businesses.

“As General Election campaigns begin in earnest, the need for action from the next Government to fix the broken big business ethics culture in the UK is clear.”

 

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