{"id":755521,"date":"2026-08-31T11:20:11","date_gmt":"2026-08-31T11:20:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/755521\/"},"modified":"2026-08-31T11:20:11","modified_gmt":"2026-08-31T11:20:11","slug":"business-groups-urge-swinney-to-scrap-ineffective-food-price-cap-plan","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/755521\/","title":{"rendered":"Business groups urge Swinney to scrap ‘ineffective’ food price cap plan"},"content":{"rendered":"

The SRC said the policy also risked forcing small shops which are not covered by the proposed legislation to be uncompetitive.<\/p>\n

“Scottish consumers benefit from the most affordable food prices in western Europe,” MacDonald-Russell added.<\/p>\n

“We know food price inflation is a problem, but the best model to deal with it is the one we have right now and price caps are going to make that worse.<\/p>\n

“It is giving a false promise that it is going to be able to help with something. <\/p>\n

“In reality, there is as good a chance it is going to make the overall cost of a shopping basket higher, because the cost of the scheme as well as the cap have to be absorbed by businesses.”<\/p>\n

It is thought the proposals would require changes to the UK Internal Markets Act of 2020<\/a>, which was brought in after Brexit to prevent trade barriers and regulatory divergence between England, Scotland, Wales, and Northern Ireland as powers returned from the EU.<\/p>\n

The Scottish Government said helping people with the cost of living was a “top priority”.<\/p>\n

A spokesperson added: “Ministers have welcomed engagement with stakeholders, including retailers, food producers and farmers on proposals for food price controls.<\/p>\n

“A consultation will launch shortly for further views.”<\/p>\n","protected":false},"excerpt":{"rendered":"The SRC said the policy also risked forcing small shops which are not covered by the proposed legislation…\n","protected":false},"author":2,"featured_media":755522,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":["post-755521","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/755521","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=755521"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/755521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/755522"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=755521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=755521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=755521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}