Reeves Floats Price Freezes on Food in Bid to Cut UK Bills

Article content (Bloomberg) — Chancellor of the Exchequer Rachel Reeves has privately proposed voluntary price freezes on food in supermarkets, as the UK government seeks to ease cost of living pressures for struggling Britons. Article content The Treasury has been mulling the idea, alongside the prospect of reducing regulatory burdens for retailers in return, according to people familiar with the matter, speaking on condition of anonymity. Article content Article content However, nothing has been agreed and the price freezes wouldn’t be imposed, the people said. Article content Article conten…