What is all the fuss about higher food prices? Food has been too cheap for years and we as a nation have to just face up to the fact. As the NFU has pointed out:
1) In the last 20 years food has become 20 per cent cheaper in real terms.
2) Sixty years ago the average British family spent more than one-third of its income on food. This has now dropped to less than one-tenth.
If you are on a low income and are having to watch every penny then higher prices may make things difficult. But surveys keep showing that significant numbers of people throw away vast quantities of food because they are overbuying.
Perhaps higher food prices might stop that nasty habit.