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The Week
The Week
National
The Week Staff

Food price caps: a return to 1970s living in UK?

United Kingdom Inflation United States ​​Rishi Sunak

Government plan labelled ‘hare-brained’ as industry bosses warn it could lead to shortages, push up inflation and cut competition

Plans to introduce “1970s-style” price caps on food staples has been widely derided by supermarket and industry bosses, who warn it could lead to shortages, push up inflation and cut competition.

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