remember, this is the average. some items in your trolley will have gone up items in your trolley will have gone up even more sharply over the past 12 months. first one up. in may last year, a dozen eggs would have set you back on average £2.53. last month, it was £3.26, up 29% in a year. how about a two pint bottle of semi skimmed milk? last year, £1.01. this year, up 28% to £1.29. and lastly, cheddar cheese, which per kilo last year cost £6.99. this year that is up to £9.65 a kilo, up a staggering 38%. so can something be done to stop these prices rising so rapidly? there s concern among food industry experts that these price rises won t be slowing down anytime soon. in the uk the grocery retail market is probably the most competitive in
up 29% in a year. how about a two pint bottle of semi skimmed milk? last year, £1.01. and lastly, cheddar cheese, which per kilo last year cost £6.99. this year that is up to £9.65 a kilo, up a staggering 38%. so can something be done to stop these prices rising so rapidly? there s concern among food industry experts that these price rises won t be slowing down anytime soon. in the uk, the grocery retail market is probably in the uk, the grocery retail market is probably the most competitive in the world is probably the most competitive in the world. and that s something that has existed the world. and that s something that has existed for probably about the past 15 has existed for probably about the past 15 or has existed for probably about the past 15 or 20 years. there is no sign past 15 or 20 years. there is no sign of past 15 or 20 years. there is no sign of that past 15 or 20 years. there is no sign of that competitiveness changing. yes, there is inflation,
house tax writers want to double the $1.01 federal excise tax on a pack of cigarettes with similar hikes on tobacco taxes. it would tax e-cigarettes for the first time. would that go against the president s pledge not to raise taxes on any household earning less than $400,000 a year? and if they do put a tax on tobacco products, would nonsmokers care? yeah, i don t know, on the first one. the issues that are taxes that are about health, there s always been kind of a gray area of were we thinking about income taxes or if something is totally voluntary like that, should that be counted. it might. in which case, this isn t a proposal of the biden administration, this is coming from congress, biden might insist that they not do that,
tariff stuff is not working. it s causing more damage than it s solving. i think s you think he does realize that? he takes a while to realize things. in combination with the nafta 1.01 deal, i think he s begun to understand this is no way to run a railroad. you were chief of staff, i want to read how politico summarized. he would use the act of withdrawing from nafta as a cudegel to get congress to pass a new deal. it seems the new agreement is not popular enough to be approved on its merits. he has to use the threat of