Price Hikes For Customers On The Back Of Rachel Reeves' Budget

[webbo3]

https://www.standard.co.uk/business/price-hikes-rachel-reeves-budget-marks-and-spencers-greggs-sainsburys-next-b1205212.html

Who'd have thought it, Rachel from complaints messes up.

[nicebloke1]

Old news now wearing a bit thin, errr a lot thin. It could, it may, its possible. And who's bothered about M&S who only produce food and clothing for the very welll off.

[perseverer]

Obviously prices never went up before.

[fiveleaves]

The rate of inflation actually dropped last month

[nicebloke1]

The UK would be better off with a lot less greggs, anyone paying £1.30 for one sausage roll, and I might add full of junk must be bonkers. Your average pack of pork sausage is only around £2 / 2.50 for 8 thick links, and the latter having meat in them not some man made crap.

[Canary42]

BREAKING NEWS: Greedy Capitalists don't like Labour Budget.

 

Wow, what a surprise 🤣

[davebro3]

Socialist thinks it's wrong for businesses to make a decent profit - what a surprise!

[New Judge]

Strange country is the UK.

Most other nations seem to strive to eradicate poverty by making the poor better off. Not here. In the UK the overwhelming aim seems to be to eradicate poverty by making the rich poorer.

The only places where this strategy has had any lasting effect is in Communist countries. In them, there is no comparative poverty. Everybody is poor (apart from the ruling elite, natch).

Then we encounter stuff like this:

“And who's bothered about M&S who only produce food and clothing for the very welll off.”

M&S are middle-of-the-road as far as their pricing is concerned. They do no cater for people who do not have the proverbial pot to pee in. But neither will you see many people who are well off enough to go to Fortnum & Masons for their groceries or to Savile Row for their suits (who probably are very well off). To suggest that the chain caters only for those very well off is ludicrous.

But it illustrates the mind set of those who believe the UK should “level up” the country’s wealth (which will only result in it being levelled down). The strivers and achievers in this country (who might dare to go to M&S for their goods) must be brought to heel. After all, who cares about the shops they might use?

We should care about all sectors of the economy as they all contribute to the (currently badly performing) whole. To dismiss a company such as M&S because it allegedly caters only for the very well off is simply daft. In the last financial year its turnover was more than £13billion.

Lots of people bother whether M&S does well or not because lots of people use their stores and buy their goods – and they are not all "very well off”.