UK ministers discuss voluntary price limits for basic foods | 'Economists would say this is bonkers'
1 year ago
#costofliving #ministers
'It doesn't really look like the Government is going to go ahead with this as a serious proposal... economists across the spectrum would regard this as frankly bonkers.'
Professor of Economics Jonathan Portes discusses ministers planning to voluntarily cap the price of basic food items in an effort to ease the UK's cost-of-living squeeze.
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