Supermarket shareholders are set for a bumper £1.2bn payout, thanks to rising food prices.
As cash-strapped shoppers struggle to fill their trollies, investors in Tesco and Sainsbury’s will receive a billion pound bonanza.
Both supermarkets deny using food inflation as a cover to hike their prices and boost profits – a practice known as ‘greedflation’ – yet analysis of company accounts by union Unite has revealed:
