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The Guardian - UK
The Guardian - UK
Business
Nils Pratley

‘Greedflation’? The MPs missed the target when grilling the grocers

A Morrisons petrol station
The Morrisons boss David Potts admitted there is now ‘more profit at the retail end of fuel’. Photograph: Steve Parsons/PA

If you have given yourself less than 90 minutes to investigate one of the hottest business and political issues of the hour – the charge of “greedflation” as it applies to supermarkets – it is usually a good idea to stick to the subject. Sadly, this was not the approach adopted by MPs on the business and trade select committee on Tuesday.

The supposed grilling of a crew of supermarket representatives turned into a tour of multiple horizons, including boardroom pay and workers’ collective bargaining rights, which, though fascinating subjects, are only tangentially connected to the rising price of essential stuff.

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