But Caroline Spelman, The Environment Secretary, has suggested that she is unsure of the price of a loaf of bread.
The minister has issued a memo to officials in her department asking them to tell her the price of an average loaf.

http://www.telegraph.co.uk/earth/agriculture/farming/7921127/Food-and-farming-minister-asks-How-much-is-a-loaf-of-bread.html


It shows that politicians are out of touch with the rest of us.

It shows that politicians are out of touch with the rest of us.

On average they estimated the cost of an iPod Nano was £105 - only £5 off its usual retail sale.

But they thought the average cost of bread was £4.31, with one respondent saying they thought it was £200 and another said a penny. Bread usually costs between 80p and £1.50.

Usually Cook does the shopping, or a boy from the village shop drops it off at the kitchens.

But one Gloucestershire baker currently offers what is believed to be the world’s most bread, at £21 a loaf.

Have you seen Tesco's price fluctuations? You could struggle to give an average

Morrisons in-store bakery makes a long tin white loaf and sells it for a quid. Unless they decide it's worth 50p. Or 80p. Or £1.10. I guess it all depends on how much tax the government is squeezing out of us at the time.

It's actually the price of flour. It's an incredibly variable commodity. Essentially it operates as a futures market; someone like Warburtons or the supermarkets who make thousands of loaves a day won't buy flour for it on the day, they enter into contracts to buy it a month in advance and they make a guess at the time how much it's likely to cost them. If the actual price of wheat/flour changes between then and now their projections go out and they have to vary the price on the shelves to compensate for the fact.