Thursday, 20 October 2011
£5 For A Loaf Of Bread?
By Flick Hardingham.
Last week shoppers at Spitalfields market were shocked when food prices soared 800%.
Were the £10 cupcakes and £2.50 apples made from solid gold?
This was the UK’s first Food Insecurity Market hosted by TV broadcaster Hardeep Singh Kohli and the British Red Cross to highlight the cost of living in developing countries.
Food insecurity is the term used to describe the issues behind lack of food or poor nutrition, which includes high food prices that fluctuate, making it impossible for families to know if - and what – they can afford to eat.
It’s a complicated issue to do with high food prices and the many things that affect food availability such as conflict, drought, floods and other pressures. The result is that in some countries families are forced to spend 50-80% of their income on food if they are to live.
If we had to spend 50-80% of our income on food a tin of baked beans could be £5.60 and a pint of milk might be £4.
Before dashing to lunch at the reasonably-priced Lahore Kebab House in Whitechapel, Hardeep told us “Food prices have gone up in the UK, but it would be a real shock for someone in this country to get to the supermarket and find a loaf of bread suddenly costs £10. For someone living in a food insecure country, these kinds of prices are a reality.”