Industry chiefs slam packaging tax that could push food prices higher

cityam05-24

The packaging tax could lead to a higher rise in food prices than necessary. Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the ...

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Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the ...</p>\n\n<a href=\"https://www.cityam.com/industry-chiefs-slam-packaging-tax-that-could-push-food-prices-higher/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Industry chiefs slam packaging tax that could push food prices higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndustry chiefs slam packaging tax that could push food prices higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-24 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/industry-chiefs-slam-packaging-tax-that-could-push-food-prices-higher/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The packaging tax could lead to a higher rise in food prices than necessary. Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the ...</p>\n\n<a href=\"https://www.cityam.com/industry-chiefs-slam-packaging-tax-that-could-push-food-prices-higher/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4234","symbol_name":"特殊用途房地产信托","start_time":0,"source_url":"https://www.cityam.com/industry-chiefs-slam-packaging-tax-that-could-push-food-prices-higher/","article_id":"2637830875","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2025/04/Greencore-Sandwich-Packaging-Range.jpg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/industry-chiefs-slam-packaging-tax-that-could-push-food-prices-higher/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2637830875","pubTimestamp":1779614134,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"The packaging tax could lead to a higher rise in food prices than necessary. Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the packaging tax is set to be introduced.The government had been scrambling to find ways to limit a price surge in the coming months, with Chancellor Rachel Reeves setting out incentives for families to get discounts to leisure destinations this summer.But industry chiefs have slammed the government as the controversial Extended Producer Responsibility  regime would not be scrapped, according to reports, despite some speculation that it could be dropped.The EPR will mean that taxes on some containers will increase by around 19 per cent while taxes on plastic would rise by 15 per cent, The funds would be re-distributed to local authorities to improve recycling, though councils could choose to spend more on social care and planning.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4234":"特殊用途房地产信托","EPR":"EPR不动产","BK4084":"特种房地产投资信托"},"translate_title":"行业负责人猛烈抨击包装税可能推高食品价格","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EPR":1},"content_text":"The packaging tax could lead to a higher rise in food prices than necessary. Industry bosses have hit out at the government and warned that food prices will rise by more than necessary as the packaging tax is set to be introduced. The government had been scrambling to find ways to limit a price surge in the coming months, with Chancellor Rachel Reeves setting out incentives for families to get discounts to leisure destinations this summer.But industry chiefs have slammed the government as the controversial Extended Producer Responsibility (EPR) regime would not be scrapped, according to reports, despite some speculation that it could be dropped.The EPR will mean that taxes on some containers will increase by around 19 per cent while taxes on plastic would rise by 15 per cent, The funds would be re-distributed to local authorities to improve recycling, though councils could choose to spend more on social care and planning. \n\nThe Bank of England warned last year that the introduction of the new tax would add 0.5 percentage points to CPI inflation. Reports last week suggested the government was prepared to drop the tax if it could get guarantees that supermarkets would cap food prices. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nNick Kirk, federation director at British Glass, said he was “disappointed” by a government response on the tax “which fails to recognise the mounting evidence of harm to UK manufacturing”. He told The Sunday Times: “The policy is already contributing to a sharp decline in domestic glass production, rising imports and growing uncertainty for investment across the sector.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2637830875","isCrawlerRequest":true}