Bank of England accuses retailers of profiteering

Jul 9th 2023 7:30am EDT

Some of them are “overcharging customers” during the cost-of-living crisis, BoE governor has claimed Bank of England Governor Andrew Bailey has denounced domestic retailers for being engaged in ‘greedflation,’ claiming that some of them have been taking advantage of rampant inflation by raising prices. In an interview with the BBC this week, Bailey said certain […]

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