Tuesday 27 November 2012

Behold, the true ruler of this great nation

Back in 2007 it was reported that for every £7 spent in the UK, £1 of that was spent at Tesco, making them a tidy profit of £2.5 billion. It now stands at approximately £1 in £10, leaving Tesco boss Phillip Clarke angry that profits have started falling (only by a few £million, mind you).

It was uncovered that workers at a farm in Costa Rica, which was growing bananas for Tesco, earned only 33p an hour. This forced them to work long hours and even during dangerous pesticide sprays.

During Tesco's biggest period of expansion it was estimated that 50 independent retailers a week were closing down across the country as they simply could not compete with the commercial superpower setting up stores right on their doorstep. 260 stores have been opened in the UK this year alone.

Chances are with the almost 3000 stores and 38,592,000 square feet of land Tesco owns in the UK alone, you won't have to walk very far to find one.

The chances are, too, that you have no option but to shop there. Unless you pop down to your nearest One Stop. Oh, wait, that's owned by Tesco too.

This means Tesco will continue to grow, continue to make unimaginable profit, continue to underpay its suppliers and continue to leave small business owners with no option but to close up shop.

Let's all take a moment to pay homage to the true power in this country.

And we still think the free market is such a great idea?


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