Universal Credit

Lord Farmer Excerpts

Thursday 7th December 2023 Lords Chamber

[Viscount Younger of Leckie (Con)]

I am certainly not proud of that, but, as I say, there are a number of reports that have come out, and some that have come out recently. I can only repeat again that we are aware of the pressures involved; some families find it difficult even with where they can find the next meal. We are very aware of and alert to that; I think the noble Baroness will know that we are particularly busy in looking at what more can be done to help those in absolute poverty. She will know from the Autumn Statement the measures we have taken forward, and I can only repeat again that we are very alert to this.

[Lord Farmer (Con)]

My Lords, food inflation remains stubbornly high, at slightly over 10%, although thankfully it is 9 percentage points down from its peak in March this year. On this vital household metric, there is significant risk that prices will stay unaffordably high. What measures will the Government take to encourage the price of essential food items to come down from current levels in retail, local shops and supermarkets?

[Viscount Younger of Leckie (Con)]

My noble friend raises another pressure, which we are also aware of. First, tackling inflation is the Government’s number one priority, and that is coming down. The Government monitor consumer food prices using the consumer prices index, as my noble friend will know, and in October 2023 CPI food price inflation reported by the ONS was 10.1%, down from 12.1% in September 2023. I reassure him that, through regular engagement, Defra will continue to work with food retailers and producers to explore the range of measures they can take to ensure the availability of affordable food.