Price Pressure Politics: A New Front in the Cost of Living Crisis The ongoing conflict in Iran has sent shockwaves through the global economy, particularly when it comes to the prices of food and fuel.
Chancellor John Healey's warning that the government will intervene if retailers are found to be profiteering from the crisis has sparked a heated debate with industry leaders.
Healey's comments were made in a recent column for the Sunday Telegraph, where he acknowledged that there is currently no evidence of price gouging by retailers.