UK firms accused of profiteering as vast study finds margins rose 30% post-pandemic
Briefly

Thousands of UK companies saw pre-tax profit margins rise, redistributing wealth from employees to employers and shareholders. Executives and politicians prioritize short-term profits over industry and public goods investment, perpetuating a broken economy.
Energy generation companies and big banks have marked the highest profit margin increases post-pandemic. Windfall taxes slightly tempered post-tax profits, with the Energy Price Levy and corporation tax rises.
Read at www.theguardian.com
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