Sainsbury's Calls for UK Government Help on Food Sector Energy Costs
Published by Global Banking & Finance Review®
Posted on April 23, 2026
2 min readLast updated: April 23, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on April 23, 2026
2 min readLast updated: April 23, 2026
Add as preferred source on GoogleSainsbury’s CEO Simon Roberts urged the UK government to support the entire food supply chain—from farmers to retailers—to manage surging energy costs sparked by the Iran war, warning that unchecked increases could fuel grocery inflation already at 3.7%.

LONDON, April 23 (Reuters) - The British government should step in to support the food sector to offset the impact of high energy costs caused by the Iran war and help keep a lid on grocery inflation, the boss of supermarket group Sainsbury’s said on Thursday.
Britain is especially exposed to the energy price surge that followed the U.S.-Israeli attacks on Iran that began at the end of February and UK finance minister Rachel Reeves has said her focus during the war is keeping costs down for consumers and businesses.
Simon Roberts, the CEO of Sainsbury's which has a 15.6% share of the UK grocery market trailing only Tesco, noted that other energy-intensive industries had already been given some support by the government.
He said the whole food sector - farmers and grow.ers, producers, manufacturers and retailers - needed help with soaring energy bills.
"The single biggest thing the government could do to help support keeping food prices down is to make sure that energy costs of the industry are not rising faster," Roberts told reporters after Sainsbury's reported full-year results.
"Now is the time for government to really look at what they can do ... Now is the time to look at what's possible in the food (farming), manufacturing, processing and retailing sectors," he said.
UK food inflation rose to 3.7% in March, according to official data. Trade body the Food and Drink Federation has warned food prices will be rising by almost 10% by December. Tesco said last week it did not recognise that number.
Roberts said Sainsbury's "absolute focus" was on keeping prices as low as possible.
(Reporting by James Davey; editing by Sarah Young)
Sainsbury's CEO says high energy costs from the Iran war are increasing food sector expenses, and government support is needed to help manage grocery prices.
Energy prices surged after the U.S.-Israeli attacks on Iran, raising costs for UK food producers and retailers, which could lead to higher grocery inflation.
Sainsbury's CEO states the entire food sector—including farmers, producers, manufacturers, and retailers—needs help with soaring energy bills.
UK food inflation was 3.7% in March, with trade bodies warning it could rise to nearly 10% by December.
UK finance minister Rachel Reeves has said her focus during the Iran war is keeping costs down for both consumers and businesses.
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