The Treasury’s Supermarket Food Price Cap Wheeze Was Bananas The latest bout of hand wringing over food prices has left many in the industry perplexed, wondering what all the fuss is about.
As of writing, the Treasury's proposal for voluntary price caps on supermarket staples seems to have been swiftly dismissed by retailers and analysts alike.
M&S CEO Stuart Machin's scathing assessment of the plan as "completely preposterous" made headlines, but it was City analyst Clive Black who provided much needed context.