Business · 24 May 2026

UK food prices up 40%, more rises expected

Britain's food system is now exposed to shocks, meaning the long-held assumption of affordable, reliable food no longer applies. The Treasury asked UK supermarkets to cap essential food price increases this week, reportedly making them furious. This comes after a near-40% rise in food costs since 2020, with significant surges forecast due to global events.

By BriefTea Editorial · 24 May 2026 at 22:26

Reported by Guardian · How we write briefs

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