Money Wellness
A dad food shopping with his daughter
category iconcost of living
calendar icon23 Aug 2023

Cost of a typical weekly food shop soars 37% in two years

The cost of the average weekly food shop in the UK has shot up by 37% in just two years, new analysis has revealed.

Figures released by the Liberal Democrats show that rising prices have added £870 a year to a typical family’s food shopping bill.

Price rises on the basics

  • A loaf of bread has gone up by an average of 37p (31%)
  • A pint of milk is up by an average of 24p (57%)
  • 500g of cheddar cheese is up by £1.70 (55%)

Plan to reduce food costs

The Liberal Democrats have outlined a four-point plan to help reduce the price of food for struggling families:

  1. invest more in British farms
  2. cut energy bills for food businesses
  3. fix the broken visa system so farmers and fishers can recruit the workers they need
  4. expand free school meals

Liberal Democrat candidate Emma Holland-Lindsay said the party has:

“a clear plan to get food prices under control, back our local farmers and expand free school meals”

Avatar of Rebecca Routledge

Rebecca Routledge

A qualified journalist for over 15 years with a background in financial services. Rebecca is Money Wellness’s consumer champion, helping you improve your financial wellbeing by providing information on everything from income maximisation to budgeting and saving tips.

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