Irish suppliers are reportedly planning to vent their anger at Tesco's move to source more products from the UK by offering local retailers improved buying terms.

The Irish Independent cited retail sources as saying that the suppliers are keen to offer Dunnes Stores and other operators ammunition to fight Tesco with lower prices.

Last week, Tesco slashed prices at 11 of its stores close to the Northern Irish border in an effort to stem the tide of Irish shoppers visiting towns such as Newry.

While the move has been well received by consumers, many Irish suppliers have seen their shelf space at the Irish stores, where the initiative has been introduced, axed by as much as 50%, the paper reported.

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