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LONDON DAILY ARCHIVE

UK Government Proposes Price Caps for Essential Food Staples

The UK government is planning to encourage supermarkets to implement price caps on certain food staples, such as bread and milk, in order to help with the cost of living.

28 May 2023 · 22:31 UTC

The plan, which is still in the drawing board stage, is not expected to involve any kind of compulsion and is aimed at addressing the issue of inflation.

However, some have criticized the plan, saying that it is unlikely to have any significant impact on prices.