“What assessment her Department has made of the potential impact of Agricultural Property Relief and Business Property Relief on food prices.”
Asked by
Katie Lam
Answering Minister
the Secretary of State for Environment, Food and Rural Affairs
Answer from Hansard
The Minister for Food Security and Rural Affairs (Dame Angela Eagle)
Modelling has shown that food prices are driven by the interaction of domestic and international considerations, including farm gate prices, import prices and exchange rates. Modelling from industry and Government expects food price inflation to fall gradually over the next two years.