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Supermarket giants are facing calls to slash prices amid accusations of profiteering.
The leader of the Liberal Democrats, Sir Ed Davey, has urged the Competition and Markets Authority (CMA) to investigate whether some of Britain’s biggest supermarket brands are profiteering while working people struggle with record food price inflation.
Analysis published by the Liberal Democrats suggests that the cost of a weekly shop for the average family has risen by £12, or £600 over the course of a year.
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