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Brexit: Food Prices - Question

Part of the debate – in the House of Lords at 2:51 pm on 14th November 2017.

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Photo of Lord Gardiner of Kimble Lord Gardiner of Kimble The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs 2:51 pm, 14th November 2017

My Lords, food prices are dependent on a number of factors. Commodity prices, exchange rates and oil prices are key drivers of UK retail food price changes. We are negotiating a unique, ambitious economic partnership with the EU, as well as future trade deals with the rest of the world. Any agreements we enter into will need to be right for consumers and industry.