Food imports prices will spike in the UK due to the ongoing conflict in UK, a leading food producer has said. Flour is one of the many food items that will see price increases passed onto the consumer in the coming months.
Russia and Ukraine are some of the biggest suppliers accounting for 29 per cent of the world's wheat as exports are expected to be affected by the war.
Managing director of top UK producer GR Wright & Sons David Wright appeared on BBC Breakfast on Monday morning to outline how the company's production will be impacted. The company, which has over 44 per cent of the market share for the UK's bread mixes, said it was already struggling with soaring inflation before the conflict, with costs leaping by 30 per cent between September and December, according to the BBC.
