Supermarket bosses say food price caps would be ‘preposterous’ and ‘idiotic’
Supermarket executives have criticized the idea of implementing price caps on essential food items, calling it 'preposterous' and 'idiotic'. This response comes after reports suggested the government was urging retailers to limit prices on staples in light of rising inflation. A government minister denied any concrete plans for such caps but confirmed ongoing discussions with supermarkets.
- ▪Supermarket bosses have dismissed the idea of price caps as completely unreasonable.
- ▪The government has been in discussions with retailers about limiting costs on essential items.
- ▪M&S CEO Stuart Machin stated that the government should not interfere in business operations.
Opening excerpt (first ~120 words) tap to expand
NewsUKHome NewsSupermarket bosses say food price caps would be ‘preposterous’ and ‘idiotic’A government minister denied any concrete plans for price caps but confirmed ongoing discussions with supermarketsHelen Corbett Wednesday 20 May 2026 11:37 BSTBookmarkBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":false,"showBookmark":true,"articleId":"CF1:2980210To1","articleMeta":{"url":"https://www.independent.co.uk/news/uk/home-news/food-price-caps-supermarkets-government-inflation-b2980249.html","title":"Supermarket bosses say food price caps would be ‘preposterous’ and ‘idiotic’"}}Minister denies plans for supermarket price cap amid…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Independent.
Discussion
0 commentsMore from The Independent
