The British government is discussing the voluntary application of an upper food price limit with supermarkets
The British government is discussing the voluntary application of upper price limits for certain basic foods with supermarket chains in order to curb food price increases that have not been measured in more than four decades.
Government sources quoted by the British press on Sunday emphasized that there are no plans to introduce a binding price ceiling.
An official from the London Ministry of Finance told the conservative British newspaper The Daily Telegraph: food price inflation is much more stubborn than the government had previously expected, and it is difficult to break it down.
According to other government officials speaking to the paper, the matter is currently being planned, and negotiations with the store chains are in their early stages.
Related news
Amazon to invest $54 billion in Britain over next three years
Amazon has deepened its commitment to Britain, with the e-commerce…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >Food inflation in Turkey slowed slightly in April
In Turkey, annual inflation slowed to 37.86 percent, the lowest…
Read more >Related news
Margin stop may remain in place after the end of November
As we also reported, the government has extended the margin…
Read more >A new tender will help food processing: a twenty billion forint budget will be opened in the fall
The aim of the new HUF 20 billion grant scheme,…
Read more >The digital SZÉP card will be available from September – the limit will also increase
The changes announced last year in the use of SZÉP…
Read more >