19 Oct 2021
Inflation: Food Price Rises Are Terrifying, Warns Industry (BBC News)
Food and drink firms are seeing "terrifying" price rises, a sector trade body has said, warning of a knock-on effect for consumers. Food and Drink Federation boss Ian Wright told MPs inflation is between 14% and 18% for hospitality firms. The price rises for food firms' ingredients will lead to consumer price rises, he said, and described the situation as "concerning".