The Daily Telegraph has reported that shoppers are being over-charged for cheese by almost £2 a kilo because retailers have failed to pass on reductions in wholesale prices - the wholesale price for cheddar, for example, falling by almost a fifth in the past year.
The author of the article, consumer affairs editor, Dan Hyde, writes that supermarkets are charging more than they did 12 months ago, based on research by The Grocer magazine, suggesting retailers are making extra profit at customers' expense.
NFU dairy board chairman Rob Harrison told the Daily Telegraph: “"Retailers make an awful lot of money on cheese, and it seems they are trying increase margins further."