BBCNEWS BBC News June 4, 2024 22:07:00
The regulators step in to make them? they have a statutory responsibility to, after all. in a moment we'll talk to a former regulator. but first, here's ben. what is "greedflation"? in a nutshell, it's the theory that our high and sticky rates of inflation are due primarily to profiteering by companies. now, the evidence for that being the case on an economy—wide level in the uk is questionable. yet there is evidence increasingly coming in of what one might reasonably call profiteering in certain high—profile sectors of our economy. take petrol and diesel prices. the competition and market...