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May 2023
25m 53s

Supermarket Sweep: Are Sunak's Price Cap...

bloomberg
About this episode

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.

Hosted by Yuan Potts, Stephen Carroll and Lizzy Burden. 

See omnystudio.com/listener for privacy information.

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