Unite: Tesco making huge profits as workers and families struggle

Responding to Tesco's half-year results, released today (2 October), Unite general secretary Sharon Graham said: "As millions of workers struggle to put food on the table, Tesco is raking in huge amounts of cash and paying out whopping dividends to shareholders.

"Tesco has profited from the cost-of-living crisis, making a fortune through unfairly inflating grocery prices. The numbers are clear - in the past five years, food inflation has risen by 38 per cent yet Tesco's operating profits have skyrocketed by 72 per cent. How can this be right?

"It is time the Labour government stops being missing in action when it comes to tackling profiteering. Workers must no longer pay the price for corporate greed."