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Tesco pulls dozens of Unilever brands in post-Brexit price row

Tesco (Frankfurt: 852647 - news) is refusing to sell dozens of Unilever (NYSE: UL - news) products on its website due to a row over price rises, according to reports.

The supermarket giant has apparently rejected a Unilever request to increase prices by up to 10% because of the fall in the value of Sterling.

The pound has fallen 17% since June's vote for Britain to leave the European Union.

Unilever is one of the world's biggest manufactures of consumer products, making dozens of household brands including Ben & Jerry's ice cream, Marmite, Dove soap and Signal toothpaste.

Many of these products are showing as being unavailable on Tesco's website, but the supermarket giant says it will still continue to sell existing supplies in its stores until they run out.

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A spokesperson for Tesco said: "We are currently experiencing availability issues on a number of Unilever products. We hope to have this issue resolved soon."

Tesco's chief executive, Dave Lewis, spent much of his career working at Unilever before jumping ship to join the supermarket giant two years ago.

Sky (Frankfurt: 893517 - news) sources have confirmed that other supermarket chains have also expressed concerns about Unilever's stance.

Unilever has refused to comment.