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Price of fish and chips set to skyrocket due to Iran war and 'exceptional costs'

Britain is poised to see rising costs for fish and chips due to the Iran war, as the Bank of England's governor warned on Thursday that inflation is "likely to be largest for food prices."
Scott Walker, chief executive of GB Potatoes, explained that annual growing contracts provide "insurance" for growers and retailers, though war-linked costs will be delayed with "inevitable" price increases expected in 2027.
Andrew Crook, president of the National Federation of Fish Fryers, told the BBC that cod prices surged due to a "significant reduction" in availability, with "only a quarter of the cod available globally that there was six years ago."
Industry experts noted "there's a lot of cost in the system," citing rising expenses for collection, living wages, and electricity for wholesalers, meaning "down the line prices will have to rise because we have a lot of costs coming."
Walker warned that 2027 contracts must reflect rising red diesel and fertiliser costs, though growers may attempt to claim "exceptional" costs from customers this year to restore margins amid the delayed impact.

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