Unite slams Tesco profits as latest example of the profiteering gravy train

Commenting on Tesco’s latest trading update, released this morning, Unite general secretary Sharon Graham said:

“At a time when food prices continue to rise and millions of people are still struggling to feed their families, Tesco have been raking in bumper profits on the back of profiteering.

“Corporations like Tesco have done very well out of the cost-of-living crisis - unlike working people who have had to swallow inflated costs that have lined the pockets of the bosses and investors.   

“The government could easily choose to prevent companies exploiting a national crisis to bank grossly excessive profits. Instead, they simply let the gravy train continue.”