war devastates lives and livelihoods in Ukraine, prices for fuel are spiralling up, and with them the costs of supply chains.
Wheat prices in Britain are 39 per cent higher than a year ago, and with Ukrainian farmers unable to plant spring crops, there’s no prospect of a let-up in the coming months.In Britain we will feel the ripples first in our food shopping.
Last month Ronald Kers, CEO of 2 Sisters, whose turnover makes it the largest food company in the UK, predicted food prices may rise by 15 per cent this year.
And it’s the poorest of us likely to feel the pinch most, according to think tank The Resolution Foundation.There is a sense of déjà vu: just two years ago we were stumbling through the first weeks of lockdown.
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