ALEX BRUMMER: Rachel Reeves' Soviet-style intervention to cap the price of milk, bread and eggs is an idiotic, dangerous recipe for disaster. This is why I fear history is about to repeat itself

ALEX BRUMMER: Rachel Reeves' Soviet-style intervention to cap the price of milk, bread and eggs is an idiotic, dangerous recipe for disaster. This is why I fear history is about to repeat itselfREAD MORE: Machin's lesson for Labour: M&S boss is right to raise the alarm over price cap plan, says RUTH SUNDERLANDBy ALEX BRUMMER, CITY EDITOR Published: 01:00, 21 May 2026 | Updated: 03:39, 21 May 2026 e-mail 9 View comments