Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate her Department has made of the proportion of tariff savings that will be passed through to consumers in retail food prices.
The Chancellor appreciates that the weekly shop is one of the biggest worries for families. She is taking action on the cost of living, including by suspending tariffs on a range of agri-food products. The UK grocery market is highly competitive, and we fully expect that retailers will pass on the entirety of cost savings to consumers.