Global food crisis set to send prices of household staples soaring

Growing demand for essentials like meat and grain, topsy-turvy weather and land commandeered for the production of biofuels will add at least £850 to typical annual food spending, they claimed.

Retail analysts at research agency Conlumino said food price inflation would add almost £20billion to the nation’s annual grocery bill by 2018, a rise of almost 18 per cent.

Article Continues Below


Follow IWB on Facebook and Twitter