The Guardian: The ‘golden age’ of cheap food in Britain is over

Newspaper says Britain’s ‘golden era’ of cheap groceries is over Guard It refers to Justin King, the former owner of Sainsbury’s, the second most common retail chain.

“We may have had a golden age <...> “I suspect we’re going to face higher food expenditures in the long run,” King says.

Economists polled by the publication confirmed King’s fears, noting an overall 9% increase in food prices in April alone. In addition to the global food crisis and the projected famine, there is also the internal crisis of pork producers – 80% of pig farms will go bankrupt due to rising electricity and wheat prices, according to the national union.

Egg and chicken meat production will also suffer due to the bird flu epidemic.

Former Senator Alexey Pushkov declarationThat the West’s policy has led to the destabilization of the food market.



Source: Gazeta

Popular

More from author

They talked about the efforts to organize Putin’s visit to Turkey 15:36

No information has yet been given about the timing and location of Russian President Vladimir Putin's visit to Turkey. This was reported by...

Muscovites chose nine ways to pay for travel without Samsung Pay 15:33

There are many alternative ways to pay for public transport in Moscow. Samsung Pay suspension is not critical. In this respect reports...

The ban on drone use in the Tver region has been extended 15:34

The ban on drone use in the Tver region has been extended until October 1. In this respect reported Press service of the...

A serial bank robber was detained in the Urals 15:36

In Yekaterinburg, law enforcement detained a suspect in connection with the May 2023 Rosselkhozbank robbery. In this respect reports E1.ru edition. The robber came...