Home Business News One of the nations favourite butter hits an eye watering £9.35 with some supermarkets putting security tags on tubs

One of the nations favourite butter hits an eye watering £9.35 with some supermarkets putting security tags on tubs

by LLB Finance Reporter
5th Jul 22 1:06 pm

Lurpak butter has now hit a staggering £7.25 for a 750g  tub in Sainsbury’s as Brits are feeling the cost of living crisis and in another unidentified shop they are charging an eye watering £9.35.

Sainbury’s chief executive Simon Roberts warned in June that food prices will get worse before it gets better and customers are facing the “toughest of times.”

Roberts added, “The effects of this are going to last longer than I am sure most people expected months ago.

“The price of food, fuel, fertiliser and labour have all gone up. We are seeing substantial cost impacts and they are not going to go away tomorrow.

“Households up and down the country are facing real challenges.

“It is challenging for customers and challenging for households trying to manage their budgets.”

Millions of families across the UK are facing the worst cost of living crisis since the 70s and worst is yet to come experts are warning.

The war in Ukraine is impacting supply chains which is putting the cost of food up and the UK’s economy is “facing its strongest period” of inflationary measures in decades.

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