Tag Archives: food resilience

Improving our food resilience is essential to managing food price volatility

Food prices have become one of the biggest pressures on family budgets in Britain. Yet behind the rising cost of the weekly shop lies a deeper problem: a food system that is failing households, farmers and the economy alike.

In the past decade, we have experienced the highest food price inflation in 40 years. UK production of some of our most nourishing foods, such as beans, fruit and vegetables, is stalling as they no longer offer a viable livelihood for farmers. Domestic fruit and vegetable production has dropped by 16% since 2015, and we see the largest trade deficits for fruit and veg – relying on imports for 83% of our fruit supply and 45% of our vegetables. New evidence from a cross-party Parliamentary report shows that, without urgent reform, this could exacerbate across the board, with domestic food production potentially falling by up to a third by 2050.

This increasing dependence on food imports at a time of heightening geopolitical instability and climate disruption has made us more exposed to these shocks than ever before. The outbreak of war in Iran reveals how successive government policy has left the UK’s food supply chain exposed to global factors.

The solution is clear: Britain needs a Good Food Bill. By setting long term targets for food security, production and affordability, legislation could give farmers the certainty to invest while protecting families from future price shocks. Supporting farmers to produce more fruit and vegetables is essential to our food security, while also helping to manage food price volatility in the long term. Too many families are struggling with the cost of the weekly shop as they are subject to volatile prices, making the job of feeding children that much harder for struggling parents. While short-term inflation may fluctuate, long-term forces are pushing costs higher.

The Prime Minister has made tackling the cost-of-living crisis his number one priority this year to rectify Labour’s falling position in the polls. Yet, addressing the challenges within our food system appears to be low on the Government’s agenda. Since the publication of the food strategy last summer, this has yet to be sustained into anything concrete despite 65% of the public supporting a Food Bill which would introduce duties and targets on government bodies to make healthy food more accessible and affordable. We cannot allow a system that delivers rising bills and diminishing domestic production to continue.

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