MEP urges major stores to clarify price cuts

TESCO and other major multiples have been urged to clarify their policies in relation to price promotions so that consumers can be sure they are getting real value.

MEP Máiréad McGuinness said it was extremely difficult for consumers to keep track of movements in prices and to know whether they were getting the best bargains for their euro.

Ms McGuinness is chairperson of a retail group set up by the European Parliament that is working to bring about greater transparency in pricing.