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Shopping price cap plan

Coverage of Shopping price cap plan in the Nexus archive.

Earliest in view: May 21 · 09:12 UTCMost recent: May 21 · 09:12 UTC

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POLITICSMay 21 · 09:12 UTCDAILY MAIL
Reeves left red-faced as she 'DROPS' 'Soviet-style' shopping price cap plan after backlash from supermarkets and Bank of England
Chancellor Reeves has abandoned a proposed 'Soviet-style' shopping price cap plan following significant backlash from supermarkets and the Bank of England. The policy faced criticism from major retailers and monetary authorities who opposed the intervention in pricing mechanisms.