UK government rules out mandatory supermarket price caps amid talks with retailers.
"The government is going to be having conversations with supermarkets about what more we can do to support households, but no, we are not going to be implementing a mandatory price cap," Dan Tomlinson told BBC Radio. Stuart Machin said the suggestion of a price cap on food essentials was "completely preposterous."
12h ago · 3 sources
Coverage
- Beef sector calls for supply chain support in ‘critical period’
the_grocer · 12h ago
- Food sector leaders call for swifter action on climate change
the_grocer · 14h ago
- Britain's Government Rules Out Mandatory Supermarket Price Caps
ESM Magazine / esm_magazine · 15h ago
- M&S chief slams food price caps plan as ‘preposterous’
the_grocer · 15h ago
- Scottish salmon sector unfazed by potential Chinese production boom, industry says
the_grocer · 16h ago
- Consumers Struggle With Significant Jump in Grocery Prices
consumer_goods · 1d ago
- Brits believe supermarkets enjoy profit margins of 50%, survey finds
the_grocer · 1d ago
- British strawberry season delayed due to cold weather
the_grocer · 2d ago