Price cap on baby milk formula

This House recognises the impact that food price inflation has had on family budgets in recent years, with annual inflation of 19.1% to March 2023, which was the highest rate of food inflation in 45 years; notes with dismay that some retailers have taken to placing baby milk formula under security lock to avert the risk of shoplifting; considers that no parent should feel they have to resort to criminality in order to feed their baby; and therefore urges all supermarkets to urgently review the retail costs of baby formula and to cap it at no more than 1% of its production cost.