UBS On-Air: Paul Donovan Daily Audio 'Profit-led inflation under scrutiny'

UK profit-led inflation is coming under political scrutiny—Parliament is to investigate the influence of food producers and supermarkets on food price inflation. Profit-led inflation tends to occur at the end of supply chains, when companies with strong brands get consumers to accept price increases by disguising margin expansion with a convincing story. Consumer outrage (and associated political focus) is one way to combat this.