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1715068
registered interest false more like this
date less than 2024-04-30more like thismore than 2024-04-30
answering body
Department for Environment, Food and Rural Affairs more like this
answering dept id 13 more like this
answering dept short name Environment, Food and Rural Affairs more like this
answering dept sort name Environment, Food and Rural Affairs more like this
hansard heading Food: Prices remove filter
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government whether they have undertaken a risk assessment of the impact of import controls on food prices; and whether they are taking any steps to mitigate any inflationary pressures on consumers. more like this
tabling member printed
Viscount Waverley more like this
uin HL4252 more like this
answer
answer
is ministerial correction false remove filter
date of answer less than 2024-05-20more like thismore than 2024-05-20
answer text <p>We have introduced controls which are more proportionate to risk, with low-risk animal products not requiring certification or checks at the border by default. This approach will apply to all our trading partners, meaning a direct removal of burdens for certain Rest of World importers.</p><p> </p><p>Compared with the import model that was originally scheduled to have been introduced in July 2022, we believe that this new model will reduce costs to businesses by around £500 million per annum by reducing the complexity and volume of paperwork associated with importing.</p><p> </p><p>The Government’s modelling of the inflationary impact of the Border Target Operating Model (BTOM) has been undertaken through a peer-reviewed econometric model.</p><p> </p><p>For consumers, the implementation of the BTOM should have minimal impact on food price inflation. Initial analysis has indicated that the policies introduced under the BTOM would lead to an approximate increase in consumer food price inflation of less than 0.2 percentage points over a three-year period.</p>
answering member printed Lord Douglas-Miller more like this
question first answered
less than 2024-05-20T15:18:41.96Zmore like thismore than 2024-05-20T15:18:41.96Z
answering member
5006
label Biography information for Lord Douglas-Miller more like this
tabling member
1744
label Biography information for Viscount Waverley more like this
1699301
registered interest false more like this
date less than 2024-03-27more like thismore than 2024-03-27
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Food: Prices remove filter
house id 2 more like this
legislature
25277
pref label House of Lords remove filter
question text To ask His Majesty's Government what assessment they have made of the impact of the easing grocery price inflation on (1) consumer spending habits, and (2) household budgets. more like this
tabling member printed
Lord Taylor of Warwick more like this
uin HL3698 more like this
answer
answer
is ministerial correction false remove filter
date of answer less than 2024-04-08more like thismore than 2024-04-08
answer text <p>Inflation reduces real incomes, creates uncertainty, and threatens our growth outlook so it’s essential that the government continues with its efforts to keep inflation down. The government remains steadfast in our support for the Monetary Policy Committee of the Bank of England.</p><p>Food inflation has fallen from a peak of 19.6% in March 2023 to 5.0% in February 2024.</p><p>The latest data suggests real household disposable income per capita was 1.4% higher in Q4 2023 than in Q4 2022.</p><p>ONS retail sales remained unchanged on the month in February. This followed an increase in retail sales volumes of 3.6% on the month in January, fully offsetting the decline in December. Food store sales were 2.8% higher in February than in December.</p> more like this
answering member printed Baroness Vere of Norbiton more like this
question first answered
less than 2024-04-08T14:20:44.337Zmore like thismore than 2024-04-08T14:20:44.337Z
answering member
4580
label Biography information for Baroness Vere of Norbiton more like this
tabling member
1796
label Biography information for Lord Taylor of Warwick more like this