Sunak meeting food producers won’t stop the main cause of rising prices: GREED

Last Updated: May 16, 2023By Tags: , , , , , ,

Rishi Sunak: he’s full of avarice and so are the supermarket bosses.

Rishi Sunak met around 70 food industry leaders at Downing Street today (May 16) to discuss ways to bring down the cost of food. It won’t do any good.

Food inflation rate in the UK, March 2015-December 2022.

The BBC News article about the meeting featured a lot of bleeding-heart talk by the people who create the actual food, saying their operational and shipping costs have increased hugely.

It doesn’t mention the fact that supermarket chains like Tesco hugely increased their profits last year.

Tesco profits between 2015-22.

Sainsbury profits 2014-15 to 2021-22.

There is no monitoring of cost prices and selling prices of food sold in supermarkets – and profit margins keep rising. This, in turn keeps inflation high.

Meanwhile, politically-motivated pundits like Ann Widdecombe on the BBC’s Politics Live tell us that it is demands for wages to rise in line with costs that triggers high inflation. This is not true – it’s just a lie to keep you poor.

Sunak won’t do the necessary, of course. Regulation is anathema to a Conservative.

High inflation, coupled with low wages, means he can get away with a bigger lie – claiming that public services (including the NHS) are not affordable.

In a balanced economy, in which the proceeds of the economy were shared fairly between business owners, executives and employees, so that everybody was able to pay a fair share towards the public good, we could have our public services and cheap, nutritious food.

We don’t get it for a simple reason: Rishi Sunak and his government don’t want us to have it.

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