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Treasury pushes supermarkets to limit food prices amid Iran war fears
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleThe Treasury is reportedly urging supermarkets to voluntarily limit price rises on essential food items like bread, eggs and milk. This initiative aims to combat the cost of living crisis, exacerbated by fears that a potential Iran war could further increase household bills. In return for price caps, the government might offer concessions such as easing packaging regulations and delaying healthy food rule changes for retailers. Supermarket bosses have criticised the proposal as “desperate” and “mad,” comparing it to failed 1970s price controls and warning it could force them to sell goods at a loss. The move comes as millions of UK households are already struggling, with many forced to skip meals due to soaring food prices, and the Chancellor is expected to announce further measures on Thursday. In fullTreasury urges supermarkets to cap food prices to alleviate cost of living crisisThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in
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cityam.com
Treasury sparks uproar with push to cap supermarket food prices
The Treasury is putting pressure on supermarkets to cap prices on staple groceries as a quid pro quo for axing taxes and red tape
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dailymail.com
Supermarket fury as Labour demands price cap on everyday foods
The price of eggs, bread and milk would be voluntarily capped under the proposals in return for easing packaging policies and delaying rule changes around healthy food.
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mirror.co.uk
Government urges supermarkets to cap food prices under new deal
British supermarkets are set to cap prices on everyday essentials like eggs, bread and milk under bold new government proposals - but ministers say this would not be a return to…
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independent.co.uk
Treasury urges supermarkets to cap food prices to alleviate cost of living crisis
Chancellor fears Iran war will push up bills even further for struggling households but supermarket bosses brand plan ‘desperate’
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Treasury pushes supermarkets to limit food prices amid Iran war fears
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or…
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Government urged supermarkets to limit food prices, according to reports
The proposals would see grocers cap the prices of essential groceries such as eggs, bread and milk, according to the Financial Times.
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UK inflation falls but Iran war fears fuel warnings of summer surge
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or…
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Government will not force supermarkets to cap basic food prices despite reports
Treasury minister Dan Tomlinson said price caps on goods like eggs, bread and milk 'isn't something we're looking at' following reports the Government had urged supermarkets to…
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Supermarket price caps would amount to ‘state control’, says ex-Asda boss
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleLord Stuart Rose, a former Asda boss and…
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Will UK supermarkets cap food prices and how could it work?
Everyday food items such as eggs and milk could have their prices capped, according to reports
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zerohedge.com
A "Rubbish, Knee-Jerk Reaction": UK Treasury Pushes Food Price Caps As Inflation Re-Accelerates
"There are certainly plenty of people in this govt whose understanding of economics is so poor that they might consider it a good idea."
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Supermarket chiefs slam essentials price cap as Labour urged to approve plan
Grocery bigwigs have branded reports of price caps on essential food 'idiotic' but others say action is needed to help millions of cost of living hammered households
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Chances of supermarket price cap happening and how freeze could work
Reports say the Treasury has spoken to supermarkets about a voluntary system of price caps to help ease the pressure on cost of living hammered households
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inews.co.uk
What no one is telling you about the food price crisis
Our supermarkets can be nudged to cap the price of some essential items. But the unintended consequences could be enormous
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Rachel Reeves to cut food and travel costs – what will be announced
Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.Jump to contentThank you for registeringPlease refresh the page or…
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Could a supermarket food price cap help with the cost of living?
Could a supermarket food price cap help with the cost of living? Supermarkets are reportedly being asked to limit food prices, which could see the prices of essential groceries…
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Rations and panic buying - what supermarket price caps might look like
The Government's proposals for supermarket price caps have drawn comparisons to the 1970s and failed policies in Venezuela