Speaking after the retailer and technology platform unveiled widening losses, Steiner said Ocado had not seen anything like the 3% to 5% food inflation numbers being quoted by the British Retail Consortium (BRC) and Tesco chair John Allan. 

“We tend to kind of follow the market on pricing,” said Steiner. “So far, we’ve not seen prices rising anything near as much as I’ve been reading about in the newspapers. But we’ll wait and see what happens in the market.”