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Retail

Morrisons Reduce Milk Price To 24p A Pint

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Morrisons Reduce Milk Price To 24p A Pint

The milk pricing war in the UK escalated even further today as Morrisons made the decision to slash the price of a pint to just 24p.

On Monday, Tesco fired the first shots of the supermarket skirmish by reducing the price of a four pint bottle by 39p, matching Asda's long standing price of £1. 

Sainsbury's and the Co-op then followed suit on Wednesday.

Then this morning came an announcement from Morrisons, who previously sold two litters for 97p, that they are to cut the price of its own-brand meadow Park milk range to 84p, or 24p a pint.

With that, Morrisons say that they are now britain's cheapest supermarket for milk.

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The president of the National Farmers' Union, Meurig Raymond, said earlier in the week that farmers were concerned that the price war could undermine farm gate prices.

He said: "We will be monitoring all retailers to ensure these price promotions do not get passed back to the farmer."

© 2014 - European Supermarket Magazine by Enda Dowling

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