Money Wellness

cost of living

Published 23 Aug 2023

1 min read

Cost of a typical weekly food shop soars 37% in two years

The cost of the average weekly food shop in the UK has shot up by 37% in just two years, new analysis has revealed.

A dad food shopping with his daughter
routledge

Written by: Rebecca Routledge

Senior Content Manager

Published: 23 August 2023

Figures released by the Liberal Democrats show that rising prices have added £870 a year to a typical family’s food shopping bill.

Price rises on the basics

  • A loaf of bread has gone up by an average of 37p (31%)
  • A pint of milk is up by an average of 24p (57%)
  • 500g of cheddar cheese is up by £1.70 (55%)

Plan to reduce food costs

The Liberal Democrats have outlined a four-point plan to help reduce the price of food for struggling families:

  1. invest more in British farms
  2. cut energy bills for food businesses
  3. fix the broken visa system so farmers and fishers can recruit the workers they need
  4. expand free school meals

Liberal Democrat candidate Emma Holland-Lindsay said the party has:

“a clear plan to get food prices under control, back our local farmers and expand free school meals”

routledge

Written by: Rebecca Routledge

Senior Content Manager

A qualified journalist for over 15 years with a background in financial services. Rebecca is Money Wellness’s consumer champion, helping you improve your financial wellbeing by providing information on everything from income maximisation to budgeting and saving tips.

Published: 23 August 2023

The information in this post was correct at the time of publishing. Please check when it was written, as information can go out of date over time.

Read our latest news or check out other popular pages on our website:

routledge

Written by: Rebecca Routledge

Senior Content Manager

Published: 23 August 2023

More blogs on cost of living

View all
cost of living

Key money dates for March 2025

Here’s what’s coming up, so you can plan ahead

Read more
cost of living

24m people in the UK below minimum income standard

MIS is the income needed to afford the basics

Read more
Inflation goes up to 3%
cost of living

Inflation goes up to 3%

Increase in prices higher than economists had predicted.

Read more
Average Customer Rating:
4.9/5
Independent Service Rating based on 10777 verified reviews. Read all reviews