Supermarkets in price rise warning

By Cameron Brooks

Published: 10/12/2013

Two of the UK’s biggest supermarket chains have warned that the cost of the weekly shop could increase if Scotland becomes independent.

Asda and Morrisons, which have dozens of stores across the north and north-east, said they would have to pass on the extra costs of operating under a foreign regulatory and tax system to customers.

This means that the price of basic items such as bread, milk and tea could increase if the business model used by the two retail giant changes in wake of a Yes vote in the independence referendum stays the same.

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