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Steph McGovern

πŸ‘€ Speaker
2005 total appearances
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The Rest Is Money
280. Should the government set food prices?

But I think it's wrong to just keep hitting businesses and asking businesses to take the hit.

The Rest Is Money
280. Should the government set food prices?

Because first of all, it's massively bureaucratic in terms of doing all this price stuff.

The Rest Is Money
280. Should the government set food prices?

Because what are we talking about?

The Rest Is Money
280. Should the government set food prices?

Is this every loaf of bread?

The Rest Is Money
280. Should the government set food prices?

Or is it the own version of their bread?

The Rest Is Money
280. Should the government set food prices?

Is it the branded versions of bread?

The Rest Is Money
280. Should the government set food prices?

And then how is that going to pass down to the supplier?

The Rest Is Money
280. Should the government set food prices?

Or do they take the hit?

The Rest Is Money
280. Should the government set food prices?

Does the supplier take the hit?

The Rest Is Money
280. Should the government set food prices?

Where does that happen?

The Rest Is Money
280. Should the government set food prices?

And then, you know, even just the price...

The Rest Is Money
280. Should the government set food prices?

structuring in terms of payments on the system and okay it's much easier because it's digital now but still there's a lot of things that need to happen in order to reduce the prices or cap the prices in the way they want and a lot of questions that need answering and essentially who is going to take that hit and so I

The Rest Is Money
280. Should the government set food prices?

think it's just a bit rich to keep going at businesses to be the ones that have to try and make the cost of living better for people when let's face it a lot of the reasons why we've had you know unemployment rising and businesses not investing as much is because of the hit they've taken already on the 40 billion pounds worth of taxes they all got in Rachel Reeves's first budget and so therefore I guess my answer is no.

The Rest Is Money
280. Should the government set food prices?

Yeah.

The Rest Is Money
280. Should the government set food prices?

And it just feels a bit gimmicky, doesn't it?

The Rest Is Money
280. Should the government set food prices?

It feels like a desperate... It's a clear message to people, isn't it?

The Rest Is Money
280. Should the government set food prices?

The government is going to make your shopping bill not get any bigger, but the reality is it probably would put it up.

The Rest Is Money
280. Should the government set food prices?

Yeah, well, it's because we're seeing this energy cap come in.

The Rest Is Money
280. Should the government set food prices?

So, you know, we've just been talking about not doing a food cap because it'll make no difference.

The Rest Is Money
280. Should the government set food prices?

But what genuinely has made a difference in terms of how much the cost of living is going up by is this energy cap.