Supermarkets Witnessed Over 20% Price Increase Last Year

Sue Davies, spokesperson for Which?, expressed concern over households struggling to make ends meet in the midst of the cost of living crisis. She emphasized that supermarkets must prioritize the needs of people by providing easy access to affordable food in all areas, especially where communities are most vulnerable. Davies also called for clear pricing …

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Rishi Sunak plans to request retailers to limit basic food prices

According to a No 10 source, the current proposals are still in the early stages. While recognizing that supermarkets operate on slim profit margins, the source mentioned ongoing discussions with retailers to identify measures that can be taken to lower prices for consumers. In March, the French government made a deal with retailers to reduce prices, …

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Warning: Rishi Sunak cautions that price caps could lead to food shortages

Rishi Sunak is facing criticism and opposition from cabinet ministers and supermarkets over his proposed “1970s-style” price caps, which are believed to lead to food shortages. Downing Street plans to ask retailers to agree to maximum prices for basic goods like bread and milk in an effort to combat inflation by lowering food prices. However, …

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NYC Grocers Protest Potential Ban on Face-ID Tech That Thwarts Thieves

Big Apple grocers who have utilized facial-recognition technology to combat shoplifting in the city are outraged by a proposal from the City Council that would ban the software, just as they claim it is proving effective. The proposed bill, which stems from a dispute between the city and James Dolan, owner of Madison Square Garden, …

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Lurpak Triggers Fury by Reducing Block Size of Butter

The price of Lurpak’s unsalted butter has risen by almost 20% in the past year, surpassing the current inflation rate of 8.7%, according to trolley.co.uk. Arla Foods recently began phasing out the 250g packs for its Lurpak and Anchor butter brands. Previously, the cheapest 250g pack of Lurpak’s unsalted butter cost £0.90 per 100g, but …

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