UK Parliament / Open data

Corporate Profit and Inflation

Proceeding contribution from Kim Johnson (Labour) in the House of Commons on Tuesday, 16 May 2023. It occurred during Debate on Corporate Profit and Inflation.

I thank my hon. Friend for raising the issue of corporate greed. The spotlight has been shone today on the crisis of unaffordable baby formula, with parents forced to steal or settle for black market alternatives, putting the health of their babies at risk. Given that the revenue in the baby food segment of the UK food market is set to increase by £265 million, or nearly 15%, over the next four years, will my hon. Friend join me in calling on the Minister to put an end to the scandalous profiteering that takes money directly out of desperate parents’ pockets and into shareholder profits, fostering a public health crisis whose repercussions we will suffer for decades to come?

Type
Proceeding contribution
Reference
732 c365WH 
Session
2022-23
Chamber / Committee
Westminster Hall
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