Cost Of Living

Ian Guider: Supermarkets must know every little bit of transparency helps

With grocery price rises continuing in spite of an easing of general inflation, customers and the public have a right to know what profits the retail heavyweights are making

Counting the cost of the weekly shop: prices are still going up but how much are the supermarkets actually making?

Neale Richmond did a very good job of talking tough to the supermarket bosses last week. The junior minister in the Department of Enterprise demanded answers in an unscheduled meeting with retailers as to why food prices are still rising at a time when overall inflation is reducing.

Richmond said he had a “frank conversation” with them and told them that “many families and workers were struggling with increased costs at the supermarket checkout”. Whether ...