Food: Prices

(asked on 18th July 2022) - View Source

Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, whether he has made an assessment of the potential impact of the Government's Cost of Living Business Tsar's recommendation on independent retailers that food businesses reduce the retail price of food.


Answered by
Michael Ellis Portrait
Michael Ellis
This question was answered on 21st July 2022

The Cost of Living Business Tsar, David Buttress, has and will continue to engage business of all sizes as part of his work to help households cope with the cost of living crisis. He is working closely with business associations to ensure that SMEs - including independent retailers - are able to contribute to this work. The Cost of Living Business Tsar will also work with officials to ensure that deals developed as part of his initiative are ethical and help UK consumers.

Food prices are set by businesses and it is not for the UK Government to set retail food prices or comment on day-today commercial decisions by companies. We continue to monitor food prices using the ONS inflation figures.

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