Tesco, Sainsbury’s and rivals say they are not making too much money
Tesco, Sainsbury’s, Asda and Morrisons were quizzed on their prices by MPs, but denied making excess profits. …
Food prices rose by 14.6% in the year to June, according to the British Retail Consortium (BRC), which represents supermarkets. That was down from 15.4% in the year to May, but it does not mean prices are falling, just that they are rising at a slower pace.
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