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Blair eyed 1m fee to help Tesco in the Middle East
EX-PRIME MINISTER Tony Blair held talks with supermarket giant Tesco over helping it expand into the Middle East, with the hope of earning a £1m fee.
But the talks fell apart when Blair, who is now a peace envoy to the region, and Tesco couldn’t agree to terms. Blair considered acting as a figurehead for Tesco, which is headed by Sir Terry Leahy, as it bid to enter the region.
Blair distanced himself from any ties with the company yesterday, saying that, while “Tesco is a great British company,” he has “never done any work on behalf of Tesco … does not have any commercial relationship with Tesco and has not made any representations on their behalf.”
Tesco said it “wouldn’t comment on which advisers we may or may not talk to.”