The British Retail Consortium (BRC) has warned that the latest government plans to introduce price caps on basic food items in a bid to tackle the cost-of-living crisis will “not make a jot of difference to prices”.
Downing Street is “drawing up plans” for retailers to introduce price caps on essential food items including bread and milk.
The price cap on basic food items is reportedly at a “drawing board stage” and according to reports there are currently no plans for the introduction of a mandatory price cap.
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