pint bottle of semi skimmed milk? last year, just over £1. this year, it is up to £1.29. and cheddar cheese was just it is up to £1.29. and cheddar cheese wasjust under £7 it is up to £1.29. and cheddar cheese was just under £7 per kilo last year, but this year it is up to £9.65. mps wanted to know why food prices were still going up, and they spent a large part of this session quizzing the supermarkets about their profits. it s been described by sharon graham, the general secretary of unite the union, that the biggest supermarkets in the uk are engaged in, and i ll quote, a grotesque display of profiteering. we make, and this is a whole group, lip on every pound. which i don t think is any example of profiteering. a 25% reduction in our full year profitability in 2022 would not l dictate or reflect that comment. so, we make less
remember, this is the average. some items in your trolley will have gone up items in your trolley will have gone up even more sharply over the past 12 months. first one up. in may last year, a dozen eggs would have set you back on average £2.53. last month, it was £3.26, up 29% in a year. how about a two pint bottle of semi skimmed milk? last year, £1.01. this year, up 28% to £1.29. and lastly, cheddar cheese, which per kilo last year cost £6.99. this year that is up to £9.65 a kilo, up a staggering 38%. so can something be done to stop these prices rising so rapidly? there s concern among food industry experts that these price rises won t be slowing down anytime soon. in the uk the grocery retail market is probably the most competitive in
up 29% in a year. how about a two pint bottle of semi skimmed milk? last year, £1.01. and lastly, cheddar cheese, which per kilo last year cost £6.99. this year that is up to £9.65 a kilo, up a staggering 38%. so can something be done to stop these prices rising so rapidly? there s concern among food industry experts that these price rises won t be slowing down anytime soon. in the uk, the grocery retail market is probably in the uk, the grocery retail market is probably the most competitive in the world is probably the most competitive in the world. and that s something that has existed the world. and that s something that has existed for probably about the past 15 has existed for probably about the past 15 or has existed for probably about the past 15 or 20 years. there is no sign past 15 or 20 years. there is no sign of past 15 or 20 years. there is no sign of that past 15 or 20 years. there is no sign of that competitiveness changing. yes, there is inflation,
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February 2021 618 Dubai Aerospace Enterprise (DAE), one of the largest aircraft leasing companies in the world, has posted a revenue of $1.300.3 billion for 2020, as against $1.439.5 billion in the previous year, a decrease of 9.65%. Profit before tax reached $250.2 million (2019: $413.6 million), while pre-tax profit margin was recorded at 19.2% (2019: 29.1%) Operating highlights: • Number of aircraft acquired: 38 (owned: 23; managed: 15) • Number of aircraft sold: 28 (owned: 14; managed: 14) • Lease agreements and extensions signed: 125 (owned: 109; managed: 16) • Fleet Utilization: 98.2% (Year-end 2019: 100%) Firoz Tarapore, Chief Executive Officer of DAE, said: “2020 was an extraordinary year with the pandemic impacting air traffic demand and airlines’ need for aircraft. In this difficult environment, DAE demonstrated the power of its franchise by (a) using our liquidity position to assist customers, as warranted, with rent d