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    Ian Betteridge (ianb@mastodon.well.com)'s status on Thursday, 09-Jan-2025 19:27:02 JSTIan BetteridgeIan Betteridge

    Tesco increased profits last year by 15%. Sainsbury’s also increased profit, and they expect it to go up again this year. Yet they’re claiming if they don’t pay less tax, they will be “forced” to raise prices.

    https://www.theguardian.com/business/2025/jan/09/retailers-warn-of-higher-prices-in-2025-and-urge-ministers-to-ease-tax-burden

    In conversationabout 21 days ago from mastodon.well.compermalink

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    1. Domain not in remote thumbnail source whitelist: i.guim.co.uk
      Retailers warn of higher prices in 2025 and urge ministers to ease tax burden
      from https://www.theguardian.com/profile/joanna-partridge
      Companies grappling with higher employment costs say price of food may rise by 4.2% in latter half of year
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