Oireachtas Joint and Select Committees

Tuesday, 26 March 2013

Joint Oireachtas Committee on Agriculture, Food and the Marine

Groceries Sector: Discussion with Musgrave Group and Tesco

4:15 pm

Photo of Thomas PringleThomas Pringle (Donegal South West, Independent)
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A couple of my questions were not answered, so I wanted to go back to them. Mr. Allen gave an explanation for the €290 million, but I take it from what he said that through the promotions the suppliers carry the cost of the price cuts he is delivering.

My other question concerned payments to suppliers and from client shops. What is the company policy on timescales for payments and prompt payments?