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Just don't say Brexit... In the meanwhile ..."In the UK, Tesco, Sainsbury’s and Asda made combined profits of £3.2bn in 2021, almost double pre-pandemic l
by irthomasthomas 3y ago
Just don't say Brexit...
In the meanwhile ..."In the UK,
Tesco, Sainsbury’s and Asda made combined profits of £3.2bn in 2021, almost double pre-pandemic levels, Unite’s 170-page report shows. Global food manufacturers such as Nestlé have also increased profits and margins over the last 18 months."
Doesn't that suggest corporate greed as the cause, rather than Brexit?
- belter 3y agoIt is the Brexit induced inflation, that is allowing companies to get away with such percentage increases in prices. They would never dare to do before. You can disguise easier an unjustified 2% increase, if you are putting up the prices up by 20% ...