• iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK News
    • US News
    • Australia
    • Ireland
    • World News
    • Weird News
    • Viral News
    • Sport
    • Technology
    • Science
    • True Crime
    • Travel
  • Entertainment
    • Celebrity
    • TV & Film
    • Netflix
    • Music
    • Gaming
    • TikTok
  • LAD Originals
    • Say Maaate to a Mate
    • Daily Ladness
    • Lad Files
    • UOKM8?
    • FreeToBe
    • Extinct
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • UNILAD
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube

LAD Entertainment

YouTube

LAD Stories

Submit Your Content
Price of pint of milk goes past £1 threshold for first time ever

Home> News

Published 15:20 20 Aug 2022 GMT+1

Price of pint of milk goes past £1 threshold for first time ever

In more evidence the cost of living crisis is hitting hard, the price for a pint of milk has gone past the £1 threshold for the first time.

Callum Jones

Callum Jones

As the cost of living crisis continues to take its effect in the UK, many families will worry about the cost of petrol, energy, and even just the basic necessities going into the winter.

Unfortunately, the price hikes are not stopping, and for the first time ever the price of a pint of milk has passed the £1 ($1.18) threshold.

Shoppers in Sainsbury's will now have to pay a record £1.05 for a pint of milk in its smaller stores. Two pints, more likely needed for a family, will cost £1.35 in another financial blow to Brits.

This latest price hike means Brits are now paying two-and-a-half times more for milk than this time last year.

Advert

The cost of a pint of milk at Sainsbury's bigger stores will remain at 85p ($1), roughly a fifth less than at the smaller stores.

Half price deals are hard to find as the cost of living crisis worsens.
Alex Segre / Alamy Stock Photo

In a statement regarding the price hike, a Sainsbury's spokesperson said: "We're committed to offering competitive prices for our customers.

"Whether in our supermarkets, online or in a local store, we aim to make our prices clear, fair and appealing to our customers."

Many customers will question the decision as to why the supermarket giant has upped its prices in the smaller shops with the larger stores offering competitive rates.

Advert

The supermarket said: "Different sizes of stores have very different operational requirements and running costs. Rents, for example, are often more expensive in our smaller stores due to their locations.

"It can also be more of a challenge to deliver products to our local stores. These, and other factors such as staffing, local rates and a focus on convenience products mean there are differences in price between our supermarkets and local stores."

How does Sainsbury's stack up to the rest of the supermarkets in the UK?

The cost of living crisis continues to hit Brits hard.
Pixabay/DaModernDaVinci

Well, the price for one pint of milk in Tesco is currently 85p, which is the same as budget supermarket Aldi as Tesco price match them, The Sun reports.

Advert

All supermarkets had to bump up the prices of milk last month due to farmer's soaring prices of feed, fertiliser and fuel meant they were struggling to make ends meet.

Farmers now say the cost of producing milk is 44p per litre, compared to 23p a year ago.

According to official figures, the price of milk was 43p this tine last year.

Featured Image Credit: Jim Holden / Martin Berry / Alamy Stock Photo

Topics: UK News, Food And Drink

Callum Jones
Callum Jones

Advert

Advert

Advert

  • McDonald's makes major change to fan favourite Filet-O-Fish for first time in 50 years
  • Most expensive beers in UK revealed as price of pint breaks new record
  • Price of a pint revealed at Jeremy Clarkson’s new pub ahead of today's opening
  • McDonald's bringing 'infamous' US menu item to UK for the first time ever and there's not long to wait

Choose your content:

9 hours ago
10 hours ago
12 hours ago
  • 9 hours ago

    Girl, 9, dies after mum left her in the car whilst she went to work

    She was left unattended in the car for hours

    News
  • 9 hours ago

    Incredible photo shows woman hanging on to tree before being rescued from freak flood that killed 27

    The woman had been swept 20 miles downriver before being rescued

    News
  • 10 hours ago

    Man robbed bank claiming 'it was art' and filmed the whole thing

    Gonna have to try this one

    News
  • 12 hours ago

    Someone made a £5000 Bitcoin investment in 2011 and has now made ridiculous profit 14 years later

    Maybe they're a time traveller who did what we all dream of

    News