Cobra beer founder says prices will have to rise
He declined to say have much bottles of beer would increase, but said price rises "were a necessity. There's no running away from that."Lord Bilimoria repeated his opposition to planned tax rises in April. Chancellor Rishi Sunak has come under pressure to scrap a planned increase in National Insurance, but has vowed the rise will go ahead.
"At every business I am talking to, and across lots of other industries, the picture is very similar," she told the BBC. "In retail, we've got a multiple list of things that are pushing up costs which they are now needing to pass on to customers." The Food Foundation said 8.8% of UK households - 4.7 million adults - had experienced food insecurity in the past month. This has increased from 7.3% in July 2021.
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