Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
Ah! the old spectre of the 70s with the wailing piles of uncollected bins and rattling power cuts! Those of us who grew up then seem to have fonder memories of a happier Britain. Price controls have been used successfully in the past (particularly in the post-WW2 period up until 1954). Other countries - significantly Singapore - use price controls to manage their economies efficiently.
Ah! the old spectre of the 70s with the wailing piles of uncollected bins and rattling power cuts! Those of us who grew up then seem to have fonder memories of a happier Britain. Price controls have been used successfully in the past (particularly in the post-WW2 period up until 1954). Other countries - significantly Singapore - use price controls to manage their economies efficiently.