Supermarket Sweep: Are Sunak's Price Caps a Good Idea?

Supermarket Sweep: Are Sunak's Price Caps a Good Idea?

By Bloomberg

Government plans to cap food prices have been labelled stale.

Former Bank of England ratesetter Michael Saunders warns they could lead to food shortages and even then, that Prime Minister Rishi Sunak may not hit his target of halving inflation by the end of the year.

Bloomberg’s EMEA healthcare and consumer editor Deirdre Hipwell explains retailers’ scorn and how it’s tarnishing the Conservatives’ traditional image as the party of business.

Resolution Foundation economist Krishan Shah says there’s more ministers could do to ease the squeeze on the poorest Britons.

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