Business

Business Groups Ask John Swinney To Drop Food Price Cap Plan

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PublishedAugust 31, 2026
More than 20 business groups have joined together in a letter to John Swinney, urging him to abandon his proposed legal cap on certain food and drink prices. The organizations say the plan is “ineffective” and is unlikely to deliver the intended benefits for consumers. They argue that limiting prices through law may not address the real causes of higher costs, and could instead create unintended consequences across the supply chain. In their view, price caps can increase pressure on producers and retailers, potentially affecting availability, investment, and the way products are priced and stocked. The letter highlights a growing policy dispute between government plans and business concerns. Swinney now faces a public challenge: whether to revise the proposal, replace it with another approach, or keep it despite the criticism from major industry groups.
food pricesprice capjohn swinneybusiness groupsuk governmentcost of living