Rishi Sunak and Jeremy Hunt have no easy or quick options to end the inflationary spiral which so brutally dictates their political future 🔎 Analysis by HugoGye
, with supermarkets putting a cap on the cost of the most essential items – a policy not seen in Britain for decades, and a direct contravention of the Conservative party’s most treasured free-market principles.
But the backlash from businesses, from Conservative MPs and from economists means it is unlikely the plan will ever be put in place. Supermarkets are already reluctant to raise their prices unless they have to: that is why, when panic buying started during the pandemic, the result was empty shelves rather than more expensive goods.
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