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The founder of Easyjet, Sir Stelios Haji-Joannou, is fed up with greedy supermarkets and plans to roll our his own supermarket chain.

Sir Stelios Haji-Joannou has said he wants to give the supermarkets a run for their money and believes there is an opening for a supermarket that will allow struggling families to buy food at a very reasonable price.

The Easyjet found plans to undercut Aldi and Lidl which will not only send shockwaves to Aldi and Lidl but will also worry the likes of Tesco and Asda.

Stelios will try out a store first to make sure it will be a success. The first store will be opened in Croydon, South London and if it proves to be a success then he will role out the stores around the country.

The name of the new business will be called Easyfoodstore, our Lifestyle Magazine editor Geoff Tims, said: “This will be great news for the consumer, for too long now we have supermarkets like Tesco and Aldi charging more than they need to and making to much profit and the consumers expense, with Easyfood, the consumer will get more for their money.”

Sir Stelios said he got the idea after seeing the recent widespread publicity concerning food banks.

“Concentrating on affordable, basic ‘no-brand-name’ packet and tinned foods at bargain prices, easyFoodstore underlines the need for additional reliable day-to-day provision of basic foodstuffs. No other details have yet been decided,” he said.

This is not the only business Stelios is opening, the money man is opening Easygym which will be a cost effective gym club where people will be able to keep fit without the huge charges than come with joining a gym.