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The Story

From cow to cup: The price of a pint of milk

The Story

The Times

Daily News Podcast, Exclusive Interviews, Daily News, Current Affairs, Global News, News, Investigative Reporting, Long-form Audio, In-depth Journalism, Audio Storytelling, News Analysis, Politics, Uk News

3.91.6K Ratings

🗓️ 24 May 2022

⏱️ 29 minutes

🧾️ Download transcript

Summary

A forty year high level of inflation and soaring household bills over the last few months have quickly led to a cost of living crisis. UK businesses are already feeling the squeeze, but what does that mean for your shopping basket staples? We’ve chosen to follow a pint of milk through the supply chain, to find out what pressures are raising its price. 

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Guests

  • Abi Reader, dairy farmer and NFU Cymru deputy president.
  • Christine Hope, Hopes of Longtown village store.
  • Faith Angwet.

Host: Manveen Rana.

Clips: ITV’s Good Morning Britain, Sky News, Times Radio, UK Parliament, BBC Newsnight, BBC News.

This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

There's one story, one recurring headline that's starting to keep people across the country

0:14.5

awake at night. The government is under increasing pressure to act, to help households with

0:27.3

soaring bells. But so far, they've sometimes struggled to hit the right note. We need to have a plan

0:36.1

to grow the economy and make sure that people are able to protect themselves better whether that

0:41.9

is by taking on more hours or moving to a better paid job. There's not this views, this massive

0:46.9

views for food banks in this country, but generation after generation who cannot cook properly,

0:51.7

they can't cook a meal from scratch, they cannot budget, the challenge is there.

0:55.1

Does the Prime Minister still support his chancellor's insulting statement that acting

1:01.4

now in this cost of living emergency would just be silly?

1:15.1

Last week, we looked at the big picture of rising costs across Europe as inflation reached a

1:22.1

40 year high of 9% and the Bank of England warned of apocalyptic food prices.

1:30.7

But what impact is that already having here in the UK? How much pressure are businesses

1:38.4

and ordinary households already under? We've traced how costs are rising across the economy

1:47.1

and why food prices are being pushed up by following the story of one household essential.

1:59.3

You're listening to stories of our times from the times and the Sunday times. I'm Manvine Rano.

2:05.4

Today, the cost of living, how much is a pint of milk?

2:17.6

It's been a question that's tripped up politicians for years.

2:23.4

Do you even know the cost of a pint of milk and about 80p or so?

2:30.2

No, it's about 40 something. I mean the biggest one.

2:37.5

Unfortunately, I think that not only our camera is born, two posh boys, you don't know the price

2:43.8

of milk, but they're two arrogant posh boys.

3:14.4

But perhaps the question isn't quite so simple. Not with prices changing as quickly as they have

...

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