Food inflation means bigger bills for shoppers

Ah, butter. Salted, unsalted, English, French, garlic, spreadable, straight from the fridge – just thinking about the many forms of butter make me salivate. Then there’s what to pair it with – crumpets, teacakes, toast, jacket potatoes. The list goes on and on.

So it comes as a blow to learn that butter is selling at record prices. Forget those low fat and faddy diets, butter is now a ‘big trend globally’. That’s according to Michael Oakes, a dairy farmer and spokesman for the National Farmers’ Union. He told Radio 5 live this morning that one major driver is the decision by McDonalds to use butter in it products again, eschewing substitutes like vegetable spread. In fact, the cost of butter on our supermarket shelves has soared by more than 40 per cent while wholesale prices have jumped by over 80 per cent in the past year.