Spring oversupply leads to first cut since 2020, although price still third higher than just over year ago
Sainsbury’s has followed Tesco in cutting the price of milk by 5p a pint as supermarkets take advantage of a spring boost to production.
Tesco, the UK’s biggest supermarket, cut the price of milk to 90p for a pint or £1.55 for four pints – a reduction of 10p – for the first time since 2020 this week.