--- title: "UK wants to cap food prices, riling retailers" type: "News" locale: "en" url: "https://longbridge.com/en/news/287052518.md" description: "UK retailers are opposing a government proposal for voluntary price caps on essential groceries, with Marks & Spencer CEO Stuart Machin labeling the idea as 'completely preposterous,' according to the Financial Times." datetime: "2026-05-20T11:01:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287052518.md) - [en](https://longbridge.com/en/news/287052518.md) - [zh-HK](https://longbridge.com/zh-HK/news/287052518.md) --- # UK wants to cap food prices, riling retailers British retailers are pushing back against a government proposal to introduce voluntary price caps on essential groceries, with Marks & Spencer chief executive Stuart Machin calling the idea “completely preposterous,” according to the Financial Times. The proposal, first reported by the FT, would see supermarkets agree to cap prices on staples such... ### Related Stocks - [MKS.UK](https://longbridge.com/en/quote/MKS.UK.md) ## Related News & Research - [Supermarkets face ‘triple whammy’ of problems, warns M&S](https://longbridge.com/en/news/287023964.md) - [M&S Says In FY Profit Growth Is Expected To Resume Versus 2024/25](https://longbridge.com/en/news/287021481.md) - [SNAP changes in 2026: How stricter rules and rising food prices impact millions of American families](https://longbridge.com/en/news/286801784.md) - [Marks & Spencer FY26 Profit Down, Revenues Climb; Lifts Dividend; Sees Profit Growth In FY27](https://longbridge.com/en/news/287015718.md) - [UK Retailers Push Back After Report Treasury Sought Grocery Price Caps](https://longbridge.com/en/news/286973839.md)