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 bring in voluntary limits

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.

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…