Extreme weather could force food prices up 5% in UK, report says

Cold winter and baking summer will likely increase food household bills by ?7.15/month according to Centre for Economics and Business ResearchBritish consumers are facing a hike in food prices of at least 5% as a result of extreme weather this year, economists warn. Extended spells of frigid and baking weather seen during the winter and summer will likely increase household food bills by an estimated ?7.15 a month, the Centre for Economics and Business Research (Cebr) says. Continue reading...