The Papers: 'Cap prices on staple foods' and 'Strictly's triple twist'

'Cap prices on staple foods' and 'Strictly's triple twist'Just nowShareSaveAdd as preferred on GoogleTreasury officials are "pushing big supermarkets to introduce voluntary price caps on staple groceries in return for lifting some regulations", the Financial Times reports, after food inflation hit 3.7% in April. Quoting those "close to the situation", the paper writes that grocers who cap the cost of "essential goods such as eggs, bread and milk" could see fewer packaging and healthy food regulations. Grocers have reacted "furiously" to the government's proposal, the paper says."Milk, egg and bread prices could be frozen" the Times says, writing that it is part of Chancellor Rachel Reeves's raft of new measures "to help with the cost of living, including scrapping plans to increase fuel duty by 5p from Setpember". The grocery price cap also comes after the SNP announced similar plans in Scotland, "which would limit the price of up to 50 essential items, including bread, milk and cheese"."Retail sector decries '1970s-style' policy as Labour attempts to combat surging inflation," reads the Daily Telegraph's take on the price cap proposal. Meanwhile, the paper says "Nato is considering a mission to unblock the Strait of Hormuz by July... even without a peace deal between the United States and Iran". One-fifth of the world's oil and liquefied natural gas shipments normally pass through the waterway and the paper writes "world leaders are becoming increasingly concerned that the strait's closure is causing a cost of living crisis". "Cabinet ministers woo [Andy] Burnham" is the i Paper's lead story, after the Greater Manchester mayor was selected as the Labour candidate in the forthcoming Makerfield by-election. Elsewhere, the paper splashes "Strictly's triple twist", after the reality...