PROFITS AT SAINSBURY'S (EDM185)

PROFITS AT SAINSBURY'S

EDM number 185 in 1993-94, proposed by Harry Barnes on 07/12/1993.

That this House notes that, despite reduced levels of inflation, many consumer prices are artificially high as a result of high levels of profits made by retailers; further notes that, according to the December edition of Business Age, gross and net margins of profit at Sainsbury's are 25 per cent. and 8 per cent. respectively, compared with 10 per cent. and 2 per cent. at local greengrocers 12 years ago; notes that, in the financial year ended 13th March, Sainsbury's gross profits amounted to Ãº996.6 million, net profits for the financial year after tax but before dividends amounted to Ãº502.8 million and that profits retained amounted to Ãº325.5 million; and calls upon Sainsbury's to reduce their levels of profit for the benefit of consumers.

This motion has been signed by a total of 37 MPs.

MP	Date	Constituency	Type
Harry Barnes	07/12/1993	North East Derbyshire	Proposed
Greg Pope	08/12/1993	Hyndburn	Signed
Jack Thompson	08/12/1993	Wansbeck	Signed
Hugh Bayley	08/12/1993	York, City of	Signed
Win Griffiths	08/12/1993	Bridgend	Signed
John Evans	08/12/1993	St Helens North	Signed
Jimmy Dunnachie	08/12/1993	Glasgow, Pollok	Signed
John Cummings	08/12/1993	Easington	Signed
Michael Connarty	08/12/1993	Falkirk East	Signed
Eric Clarke	08/12/1993	Midlothian	Signed
Michael Clapham	08/12/1993	Barnsley West & Penistone	Signed
Ronnie Campbell	08/12/1993	Blyth Valley	Signed
Bill Michie	08/12/1993	Sheffield, Heeley	Signed
Alan Meale	08/12/1993	Mansfield	Signed
Eric Martlew	08/12/1993	Carlisle	Signed
Lynne Jones	08/12/1993	Birmingham, Selly Oak	Signed
Eric Illsley	08/12/1993	Barnsley Central	Signed
Dennis Skinner	08/12/1993	Bolsover	Signed
Robert Parry	09/12/1993	Liverpool, Riverside	Signed
Joan Walley	09/12/1993	Stoke-on-Trent North	Signed
Jean Corston	09/12/1993	Bristol East	Signed
Anne Campbell	09/12/1993	Cambridge	Signed
Ken Livingstone	09/12/1993	Brent East	Signed
Peter Kilfoyle	09/12/1993	Liverpool, Walton	Signed
Ian Davidson	10/12/1993	Glasgow, Govan	Signed
Janet Anderson	10/12/1993	Rossendale & Darwen	Signed
Alan Wynne Williams	13/12/1993	Carmarthen	Signed
Max Madden	14/12/1993	Bradford West	Signed
Jimmy Hood	14/12/1993	Clydesdale	Signed
Ian McCartney	14/12/1993	Makerfield	Signed
Harry Cohen	14/12/1993	Leyton	Signed
Mike Hall	14/12/1993	Warrington South	Signed
Keith Vaz	14/12/1993	Leicester East	Signed
Estelle Morris	15/12/1993	Birmingham, Yardley	Signed
Derek Enright	15/12/1993	Hemsworth	Signed
Bill Etherington	16/12/1993	Sunderland North	Signed
Mike Gapes	17/12/1993	Ilford South	Signed

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