The Government will investigate whether supermarkets might be to blame for driving up food prices via ‘greedflation’, after finding that they are charging an extra 5p per litre on petrol and diesel even after accounting for factors like the invasion of Ukraine.
The Competition and Markets Authority (CMA) - the Government’s anti-monopolies watchdog - issued an update on Monday on a study into petrol and diesel prices, while also announcing a new probe into the groceries market.
