Food: Prices
2026-06-08 · Treasury · 8174 · Official question
Question
To ask the Chancellor of the Exchequer, what estimate she has made of the potential impact on food prices caused by the proposed Carbon Border Adjustment Mechanism on imported fertiliser for UK agriculture.
Answer
The Government does not expect the UK Carbon Border Adjustment Mechanism (CBAM) to have an impact on food prices. The CBAM will take effect from 1 January 2027. It will ensure that highly traded, carbon intensive goods which are imported into the UK face ...