UK Supermarkets may be asked to freeze prices of milk, eggs and bread
The UK Treasury is considering asking supermarkets to freeze prices on essential items like milk, eggs, and bread to alleviate the cost of living crisis exacerbated by the Iran war. Discussions are ongoing, but supermarkets have expressed concerns about the regulatory burdens this could impose. Rachel Reeves, the Chancellor, is set to announce additional measures to support households facing rising costs.
- ▪The Treasury is in talks with supermarkets about a potential price freeze on essential goods.
- ▪Supermarkets have criticized the government for adding regulatory burdens while trying to keep prices low.
- ▪The Bank of England predicts food prices could rise by up to 7% by the end of the year due to increased energy costs.
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Supermarkets may be asked to freeze prices of milk, eggs and bread The Treasury hopes to incentivise retailers to cap the cost of some essential foods to ease the pain of the Iran war fallout Rachel Reeves will announce new measures to help with the cost of living on ThursdayALISHIA ABODUNDE/Getty IMAGES Steven Swinford, Political Editor, and Isabella Fish, Retail Editor Tuesday May 19 2026, 7.30pm BST, The Times Listen 0:00 / • 6:23 min Share Share this article Email Twitter Facebook Link Save Prefer us on Google Supermarkets may be asked to freeze the prices of essential goods such as eggs, bread and milk in an attempt to help people deal with the impact of the Iran war.
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