Sandpiper CI Ltd chief executive Tony O’Neill claims that Senator Ozouf had ‘damaged his own credibility’ by accusing retailers of ‘profiteering’ because prices here are higher than in the UK.

Mr O’Neill was reacting to comments made by the Senator who said retailers should come clean and explain why they charge so much for alcohol, tobacco and fuel.

But Mr O’Neill argued that Senator Ozouf was merely trying to deflect attention away from the effects duty rises in his budget.

• See Wednesday’s JEP for full interview