Food prices in Britain have soared in recent years, according to the Department for Food, Environment and Rural Affairs – confirming what anyone who has been into a shop has noticed for themselves.
Since mid-2007 the price of eggs has climbed by 46 per cent, butter by 43 per cent, pork by 36 per cent and cheese by 27 per cent.
With Britain growing just 59 per cent of the food it needs, it is very reliant on imports, at a time when sterling is weak in exchange markets. That’s not all. British supermarkets, which historically have enjoyed far higher profit margins than rivals round the world, stand accused of abusing their power of monopoly to keep their profits high.