Inflation

Part of Treasury – in the House of Commons at on 20 June 2023.

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Photo of Richard Burgon Richard Burgon Labour, Leeds East

The rich and powerful have repeatedly sought to blame workers for high inflation, even though workers’ real wages have been falling as inflation soars. Many leading economists now say that profiteering by certain corporations, not wages, is driving price rises. The French Government have taken action to limit food prices, and Spain has introduced rent controls. When will this Government start targeting the profiteering that is helping to drive inflation?