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UK ministers consider suspending fertiliser carbon tax and food import tariffs to combat food inflation

By

Helena Horton, Jessica Elgot

3d ago· 3 min readenNews

Summary

UK ministers are discussing suspending a carbon tax on fertilisers and import tariffs on foods like bread, biscuits, and bananas to curb food inflation. The proposed measures aim to discourage farmers from leaving fields fallow, but there is tension between the Treasury and the Department for Business and Trade over the plans.

Key quotes

· 3 pulled
Ministers are in discussions about suspending a carbon tax on fertilisers, due to come into effect early next year, in an effort to curb food inflation.
Government sources said they were looking at suspending tariffs on a range of fertilisers in order to discourage farmers from leaving fields fallow.
there was tension between the Treasury and the Department for Business and Trade (DBT), because the Treasury did not want to amend th
Snippet from the RSS feed
Ministers in talks with farmers about package of measures, including pause on duty due to come into effect next year

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