UK finance minister, Jeremy Hunt, plans to meet with food manufacturers to address the rising cost of food and discuss ways to ease the burden on families. Hunt stated that "high food prices are proving stubborn so we need to understand what’s driving that." The meeting comes after Prime Minister Rishi Sunak hosted a food summit to boost growth, innovation and sustainability in the sector.

The Treasury also plans to meet with the Competition and Markets Authority (CMA) which last week promised to step up its work looking into grocery prices after food prices surged to a 46-year high in March. The CMA review will determine if updating pricing rules is necessary.