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Supermarkets resist UK price-cap demand as farms lose £800 million

5/24/2026

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Story summary
  • The UK Treasury has asked supermarkets to cap price increases on essential foods.
  • Supermarkets have strongly opposed the price-cap proposal.
  • A secret Defra report warned that ecosystem collapse could jeopardise national food security without major resilience investments.
  • British farms faced a cost-of-farming crisis as rising fertilizer and energy prices and extreme weather cut harvest values by more than £800 million last year.