Skip to content
Friday 7 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,867.89
-0.19%
DAX
26,140.13
0.00%
CAC 40
8,699.71
0.00%
STOXX 50
6,502.56
0.00%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Wednesday 30 January 2013 8:52 pm  |  Updated:  Thursday 30 May 2019 4:42 am

Tesco ends deal with supplier in horse scandal

By: KCS-content

Add as a preferred source on Google

TESCO yesterday fired a supplier controlled by Ireland’s most powerful beef baron for selling it burgers containing horse meat.

The grocer also promised to use DNA testing equipment to check the content of products on its shelves.

Britain’s biggest supermarket chain is reeling from a wave of bad publicity after the Irish food safety authority discovered that 29 per cent of a frozen beef burger was horse meat.

“We took that decision with regret but the breach of trust is simply too great,” Tesco technical director Tim Smith said in a statement announcing the termination of its contract with Silvercrest, a subsidiary of Larry Goodman’s ABP Foods.

ABP, Europe’s largest beef exporter, tried to deflect blame for the scandal this week after the Irish government announced it had traced the source of the meat to a Polish supplier.

Catherine Brown, head of the Food Standards Agency, told MPs yesterday that horse meat may have been present in burgers for the past year, adding that there is no evidence of any health risk.

ABP said it had “never knowingly purchased or traded in equine product” but Tesco said it had failed to use meat from a list of approved suppliers and to honour an instruction to source ingredients exclusively in the UK and Ireland. Tesco said it would continue to buy Irish beef worth more than €100m (£85.9m) per year from other ABP companies.

“We expect this to reassure consumers and draw a line under the incident,” said Espirito Santo analyst Caroline Gulliver, who has a “sell” rating on the stock.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Trending Articles

  • Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • WPP slashes jobs as revenue continues to fall

More from Morning Wire

  • Assassin’s Creed Black Flag Resynced review: A classic rebuilt

    Life&Style
    Assassins Creed Black Flag resynced scene featuring dramatic fire effects in a nighttime naval battle setting
  • Tesco ‘in talks’ to exit eastern Europe

    Retail
    Tesco storefront with shoppers entering and exiting, highlighting the brands popularity and bustling retail environment
  • Tesco Mobile breaches £600m debt facility after reporting failure

    Telecoms
    Overhead view of a brightly lit Tesco store interior with shoppers, product aisles, and Clubcard Prices signage.
  • Swiss Pension Funds Increase Commitments to Record Infrastructure Equity Fund to EUR 1.23 Billion

    Business Wire
  • Sumo’s London return shows the capital really is a global sport leader

    Sport Business
    Breaking news event with reporters gathering for a press conference in a bustling city setting, microphones and cameras vi...
  • Why chilled red wine is the coolest thing to drink right now

    Wine
    Libby Brodie polling
  • Bal looks the bet in fiercely competitive Falmouth

    Sport
    Business professionals engaged in a lively discussion at a conference, emphasizing collaboration and strategic planning.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook