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she would grill Britain’s biggest supermarkets about the Middle East crisis, the invites had just landed in their inboxes.The meeting, bosses were told, would centre on what could be done to keep their grocery prices down in the face of inflationary pressures.It was slated for Thursday. Almost immediately, though, chief executives responded with their excuses. Only one – Rami Baitiéh, the boss of Morrisons – is thought to have RSVP’d “yes”.Others planned to send more junior representatives with Simon Roberts of Sainsbury’s, Allan Leighton of Asda and M&S’s Stuart Machin all unable to attend because of diary clashes.Behind the noes, though, was a wider frustration.“The thing was, nobody liked where that meeting was going,” says one grocery insider. “Who wants to get dragged into a meeting of CEOs being hauled over the rocks for profiteering?”Another says the meeting was simply “performative”, claiming that nobody made a real effort to carve out time in executives’ diaries. Baitiéh was only planning to go to stress the pressure supermarkets were under.By Wednesday lunchtime, it was clear that the lack of VIPs attending would be an issue. A meeting with more junior leaders would fail to have the desired effect of proving ministers were holding business chiefs to account over rising prices.The Treasury “huffed and pulled the meeting”, a source says. The official line is that it has been postponed.The saga is a sign of the growing tension between the Government and business chiefs.After cheering Labour’s rise to power, the mood among bosses swiftly shifted from optimism to disappointment after the party failed to follow through on its pro-growth promises and instead lumped them with tax rises.Things have only gone from bad to worse since then, with relations souring significantly since the crisis in the Middle East began.Faced with rapidly rising fuel, mortgage and food prices, Reeves and other ministers have publicly warned businesses against price gouging and profiteering.Yet bosses feel they are being made into a scapegoat for a global energy crisis. Many feel they are being used as a distraction as calls grow for the Government to bail out struggling households.Frustrations are now boiling over, with executives publicly taking aim at the Government.This week, Machin became the latest to voice his anger, criticising government-imposed levies for driving up energy bills.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 66,324.20 -1,480.63 (-2.18%)^GSPC S&P 500 6,368.85 -108.31 (-1.67%)^IXIC NASDAQ Composite 20,948.36 -459.72 (-2.15%)ETH-USD Ethereum USD 1,996.75 -50.27 (-2.46%)^DJI Dow Jones Industrial Average 45,166.64 -793.47 (-1.73%)PortfolioSign in to access your portfolioSign inTop gainersAGX Argan, Inc. 566.62 +155.77 (+37.91%)U Unity Software Inc. 19.45 +2.32 (+13.54%)ADV Advantage Solutions Inc. 25.57 +2.99 (+13.27%)ADMA ADMA Biologics, Inc. 9.25 +0.96 (+11.58%)MEOH Methanex Corporation 65.22 +5.76 (+9.69%)Top losersFLY Firefly Aerospace Inc. 23.71 -3.11 (-11.58%)YOU Clear Secure, Inc. 47.44 -5.96 (-11.16%)ASTS AST SpaceMobile, Inc. 78.67 -9.19 (-10.46%)HNGE Hinge Health, Inc. 36.25 -3.93 (-9.78%)ZETA Zeta Global Holdings Corp. 14.55 -1.53 (-9.51%)Most activeNVDA NVIDIA Corporation 167.52 -3.72 (-2.17%)GRAB Grab Holdings Limited 3.5700 -0.1400 (-3.77%)TSLA Tesla, Inc. 361.83 -10.28 (-2.76%)INTC Intel Corporation 43.13 -0.97 (-2.20%)NU Nu Holdings Ltd. 13.60 -0.42 (-3.00%)Top economic eventsEarnings eventsMy earnings eventsEarnings events