Get the app →
BriefTea logoBriefTea

Every story in sixty words

Get the free app no ads · no paywall

News · 20 May 2026

M&S boss calls price cap 'preposterous'

M&S boss calls price cap 'preposterous'

Unsplash / Martijn Baudoin

Supermarket price cap proposals are facing strong criticism from retail leaders, who warn of negative impacts. An M&S chief called a proposed cap 'preposterous', while a former Sainsbury's boss dismissed the idea as 'nonsense' amid cost of living concerns. The Scottish Retail Consortium also labelled the SNP's plan to legally cap 50 essential food items a 'gimmick', fearing small shops would become uncompetitive.

Reported by Telegraph · How we write briefs

Understand this story

What's a 'price cap'?

More briefs

WorldMore Than 160 Arrested as Cost-of-Living Protests Sweep France BusinessBBC Pauses DIY SOS for 2027 to Save Money PoliticsHealey and Miliband Mocked Over Bangkok Tuk-Tuk Snack Video WorldPope Leo leaves hospital early following successful lung cancer surgery WorldDelegates walk out during Russian finance minister speech at IMF meeting TransportVW recalls thousands of electric cars over fire risk Browse all stories →