Supermarkets: Voluntary Price Caps

Baroness Boycott Excerpts

Wednesday 20th May 2026 Lords Chamber

[Lord Livermore (Lab)]

I understand that, but, as I already said, this Government are not considering price caps, as some speculation has suggested, and we would never advocate for that.

[Baroness Boycott (CB)]

My Lords, I would like to ask the Minister about several factors that seem to be occurring at once. The first is that floods in Morocco, Spain and Sicily have badly affected salad crops at the beginning of the year. Further, Cambridgeshire had just 5% of its annual rainfall in April and many farmers cannot plant crops, and we now know from American scientific research that there is a 61% chance of a super El Niño this year. We will therefore face severe shortages of fresh food and other food. What are the supermarkets doing? What are the Government doing to engage them and farmers in conversations about the situation here in August, September and October, and indeed going into the winter? From everything I understand, this is potentially very serious. It is not about price fixing; it is about how we keep people in healthy food, rather than ultra-processed food from a factory.

[Lord Livermore (Lab)]

I do not underestimate at all the significant climate factors to which the noble Baroness refers. I have said that, in April, major food and farming trade bodies came together with the Government to share intelligence, assess emerging pressures and agree on how we can keep our food sector resilient and stable. It is why the Chancellor held a round table with supermarkets to discuss the issues that I have already mentioned and many of the issues raised by the noble Baroness.