Zarah Sultana perfectly sums up how food inflation is driven by profiteering
“The soaring cost of your supermarket shop is their obscene profits.”
“The soaring cost of your supermarket shop is their obscene profits.”
The latest figures put inflation at 10.1%
The analysis also revealed that the prices of cheddar cheese, white bread and porridge oats are up by as much as 80%.
We are living in a ‘cost of profiteering crisis’, says Sharon Graham
“Workers are sick of seeing their living standards fall”
Research unveils how inflation is hitting those on the lowest incomes the hardest.
FTSE 100 chief executives are paid £3.4m on average, which works out at 103 times the £33,000 average salary for full-time UK workers
The full might of the state is being used to discipline and cheapen labour
The average household bill has seen a rise in its food bills of £210 in those years, with poorer households disproportionately affected.
“There was a study done by the Bank of International Settlements recently about the risk of wage induced inflation across Western economies and they said wages right now represent either no risk or actually negative figures”