Nikki Murran

And of course, you've got this deposit return scheme, which also is chipping in a little bit of a cost nudge up as well.

So can you just walk me through which one of those is the most impactful for the sector?

Yeah, and you've broken out the different roles.

You've got trainee managers at about €35,000, store managers at €45,000.

You've got produce managers at €35,000, a deli manager at €38,000 a year.

I mean, you can see it right coming, a security officer, a retail security officer at about €16,000.

I mean, it's right across the board, in or around the same increases for them all, I suppose.

So it's interesting to see it right across the board.

It's very broad-based.

Now, you're not a retailer.

You're looking at the sector from outside.

But a lot of people would say, hang on a second, the supermarkets and the retail businesses seem to be doing OK.

You've got a profit margin at Tesco of almost 4%.

It's lower for super value and other Aldi and Lidl, of course, it's much tighter.

But how are they paying all this money?

You know, they seem to be still able to turn out a reasonably, probably falling, but a reasonable profit margin nevertheless.

Yeah, and I suppose they wouldn't have the buying power of these larger multiples, which won't help them either.

In terms of attracting people in, obviously you're existing in a very tight labour market, you know, four or five percent unemployment in or about that.

It's effectively full employment when you strip it all down.

So is there anything you can do?