Profiteering during the cost of living crisis: Update Nov 2024

As food price inflation slows, retailers are coming under scrutiny for their large profits, record levels of executive pay, and shareholder pay outs against a backdrop of high food insecurity.

None of the UK's major supermarkets are currently accredited Real Living Wage employers and food prices have remained high and continue to impact low-income households.

This briefing looks again at the accusations of profiteering by supermarkets in the UK during the cost-of-living crisis, taking a longer view of the last five years and examining fresh evidence from the Supply Chain Fairness inquiry.