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UK food price hikes

This article was originally published in Foodnews

UK FOOD prices are rising faster than most developed economies and are not wholly justified by higher costs, according to a recent report from Swiss bank UBS. It suggests the government seek to rally the media to put pressure on supermarkets and food producers or consider another competition investigation. UBS said food prices in Britain were rising at an annual rate of 4.9%, against 3.6% in Germany.

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