DESPERATE Rishi Sunak is drawing up plans for supermarkets to place a cap on the price of basic items such as bread and milk.
No10 is increasingly worried the cost of living crisis could derail the Tories' slim hopes of winning the next election.
Amid mounting pressure on family budgets, retail bosses have held talks in recent days with Chancellor Jeremy Hunt and the Prime Minister, who yesterday tackled the Northallerton 10k run in his North Yorkshire constituency.
Surging inflation for food was at a shocking 19.1% in the year to April.
A No 10 source said proposals were at the "drawing board" stage.
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