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International Business Times UK
International Business Times UK
Business
Jastine Beatrice Yap

UK Regulators Urged to Intervene and Mitigate Soaring Costs of Infant Formula

Branded suppliers, in particular, have raised their retail prices by more than their input costs, maintaining substantial profit margins. (Credit: Wikimedia Commons)

The British Pregnancy Advisory Service (BPAS) has raised alarm bells about the escalating costs of infant formula in the United Kingdom.

A recent study conducted by the BPAS indicates that a staggering 65 per cent of mothers are increasingly troubled by the financial burden associated with feeding their babies, prompting calls for regulatory intervention to address the rising prices.

The BPAS report sheds light on the challenges faced by mothers in affording essential infant formula, with concerns spanning across economic strata.

The study underscores the need for urgent action to curb the soaring costs and ensure that infant nutrition remains accessible to all families, regardless of their financial circumstances.

One-third of women believed that it was preferable for babies to be fed the pricier milk, even though there were no discernible nutritional advantages.

These findings come on the heels of a report by the Competition and Markets Authority, revealing a steep 25 per cent surge in prices during the ongoing cost of living crisis.

Branded suppliers, in particular, have raised their retail prices by more than their input costs, maintaining substantial profit margins.

The BPAS survey, encompassing 1,000 women who have formula-fed babies under one year old in the past year, revealed that some participants resorted to introducing more affordable cow's milk earlier than planned, cutting back on other expenditures, or attempting breastfeeding despite experiencing discomfort.

Clare Murphy, CEO of BPAS, underscored the implications of current formula costs, noting that the situation was exacerbated by feelings of guilt and shame associated with not breastfeeding.

She said: "Supporting breastfeeding does not need to come at the, quite literal, expense of failing to tackle the issue of access to an affordable consistent supply of formula milk."

The majority of surveyed women (83%) expressed an immediate need for interim measures to alleviate costs, proposing solutions such as allowing parents to accumulate and utilise supermarket loyalty points and vouchers for formula milk purchases.

The report also advocates for initiatives like free or subsidised national infant milk, implementing price caps, and revisiting policies with a renewed focus on maternal-centric infant feeding.

Justine Roberts, CEO at Mumsnet, one of the UK's prominent forums for parents, highlighted the platform's frequent encounters with parents struggling with the financial burden of infant formula.

She stressed the necessity for immediate practical measures to support financially strained parents dealing with formula costs and called for comprehensive infant-feeding support for new mothers across the board.

The call for regulatory intervention aligns with the overarching concern for public health and the well-being of infants.

Infant formula is a critical source of nutrition for many babies, and any barriers to access may have far-reaching consequences on their health and development.

Experts argue that affordability concerns may lead some families to make compromises on the quality and quantity of infant formula they provide to their babies, potentially impacting the child's nutritional intake and overall health.

The long-term implications of such compromises could extend to issues like growth and development, underscoring the urgency of addressing the financial challenges faced by parents.

The BPAS report calls on UK regulators to proactively engage with stakeholders, including infant formula manufacturers and retailers, to explore measures that can be implemented to stabilise and, ideally, reduce the costs associated with these essential products.

The advocacy also extends to the exploration of potential financial support mechanisms to alleviate the burden on parents facing economic hardships.

While recognising that there may be various factors contributing to the rising costs of infant formula, including production and distribution challenges, the BPAS stresses the importance of striking a balance between economic considerations and the fundamental right of every child to adequate nutrition.

The concerns highlighted in the BPAS report have triggered a broader conversation about the societal responsibility to safeguard the health and well-being of the youngest members of our community.

As the call for regulatory action gains momentum, stakeholders are hopeful that collaborative efforts will lead to practical solutions that ensure the accessibility and affordability of infant formula, ultimately promoting the health and flourishing development of infants across the United Kingdom.

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