Chancellor to meet watchdogs to discuss claims that company profiteering is stoking inflation

Jeremy Hunt will ask industry regulators what they are doing about any companies exploiting rampant inflation by raising prices.

The chancellor will meet the Competition and Markets Authority (CMA), and the watchdogs for energy, water and communications on Wednesday. He will press them on whether there is a profiteering problem in their sectors and what they are doing about it, according to a Treasury source.

Continue reading…

You May Also Like

How to stream your favourite shows for FREE on Netflix, Now TV and more

YOU can binge watch your favourite box sets and films without paying…

‘Danger zone’: the warnings designed to protect women at UK business events

Codes of conduct are on the rise, and have a focus on…

Major bargain supermarket to give free cash to more than a million low-income families this summer – are you eligible?

A MAJOR supermarket is giving free cash to more than a million…