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Industry Giant Enjoys
Monopoly Profits
Sugar giant, British Sugar made profits
of more than £175 million pounds this year. It makes
these huge profits from an EU arrangement that keeps almost
all African sugar out of European markets and contributes
to sugar dumping. While the government is lavishing loads
on big companies like British Sugar, small-scale farmers around
the world are struggling to survive.
This unfair system costs you money, too.
Not only in the tax you pay the government for subsidies but
also because the lack of competition means you pay more for
your sugar. British Sugar is doing everything it can to stop
the reforms and keep more efficient African farmers from lifting
themselves out of poverty. Ask the government to do everything
in their power to change this. |