Charlie Weston: Why ‘nothing to see here, lads’ no longer cuts it when it comes to examining soaring food prices

New Agri Food Regulator’s office must be given sufficient powers to find out exactly what profit margins are being made on groceries

Food prices have risen by 27pc in the last four years. Photo: Getty

Supermarkets are not profiteering despite the surge in grocery prices, our competition watchdog assured us this week.

Well, if it is not the supermarkets, then who is coining it when it comes to groceries?

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