European business, markets and politics
Aldi chief executive backs a government crackdown on misleading promotions as the UK debates supermarket pricing amid cost‑of‑living pressure.

Giles Hurley, chief executive of Aldi, said the government is right to target “rip‑off” discounts that mislead shoppers struggling with rising bills.
Hurley told the Sunday Times that consumers are “bombarded with discount signs and loyalty prices that can give the impression they’re getting a great deal, when the price they pay at the till can still be higher than elsewhere”.
Andy Burnham pledged to outlaw fake discounts as part of his plan to give households “breathing room”. The Prime Minister added that everyday hassles such as phoney discounts and subscription traps should not be accepted as normal.
“For too long, shoppers have been bombarded with discount signs and loyalty prices that can give the impression they’re getting a great deal, when the price they pay at the till can still be higher than elsewhere,”
Earlier this month, John Healey revived a row that began under Rachel Reeves, warning retailers against taking “consumers for a ride at the pump or the till”.
The British Retail Consortium responded that the sector already operates on thin margins and that competition keeps food price inflation low. Jim Bligh, the BRC’s corporate affairs director, said labeling retailers as profiteers is unhelpful.
Hurley singled out loyalty‑card schemes from rivals such as Tesco and Sainsbury’s, arguing they distort shoppers’ perception of value. “Taking £2 off a £6 product doesn’t make it good value if you can buy it for £3 elsewhere,” he said.
Both Aldi and fellow German discounter Lidl have surged in the UK market, prompting traditional chains to launch price‑match promises. However, the competition watchdog is moving to close a loophole that lets the German firms block new sites nearby, which could slow their expansion.
As the cost‑of‑living squeeze continues, the outcome of this regulatory push will shape how supermarkets price promotions and could influence consumer trust across the sector. For broader context on the economic backdrop, see UK growth beats forecasts but war and tax clouds loom.