Supermarkets: Voluntary Price Caps Debate

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Department: HM Treasury

Supermarkets: Voluntary Price Caps

Baroness Ritchie of Downpatrick Excerpts
Wednesday 20th May 2026

(2 months, 1 week ago)

Lords Chamber
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Lord Livermore Portrait Lord Livermore (Lab)
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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.

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Baroness Ritchie of Downpatrick Portrait Baroness Ritchie of Downpatrick (Lab)
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My Lords, could my noble friend the Minister indicate whether ongoing discussions are taking place with the Groceries Code Adjudicator, who is the overall ombudsman, to negotiate between suppliers and the 10 largest supermarkets and to protect consumers?

Lord Livermore Portrait Lord Livermore (Lab)
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We are engaging with a wide range of stakeholders and I am sure that we will continue to do so.