
Jacobin | D Lipinski/Bloomberg/Getty
Unite the Union, using the latest available figures for the largest 350 companies on the London Stock Exchange, recently showed that profit margins for the first half of 2022 were nearly double — 89 percent higher than the same period in 2019 before the pandemic. As Unite general secretary Sharon Graham correctly states, “Make no mistake, profiteering has resulted in the high prices we’ve all had to pay.”