LONDONERS may be accustomed to signing away the vast majority of their pay packet on the capital’s rising rents, but what if everyday food was as much of an outlay, accounting for 50 to 80 per cent of income every month?
That’s what the Red Cross is hoping to highlight as it takes over popular City lunchspot Spitalfields Market today, upping prices by 500-800 per cent to show how food price inflation is hitting the world’s poorest countries.
The Food Insecurity Market will set up shop in Spitalfields today ahead of World Food Day on Sunday, hosted by TV star and chef Hardeep Singh Kohli.
With the price of a loaf of bread hiked to between £5-£7, and a tin of baked beans set to hit around £6, The Capitalist thinks it doesn’t sound like a bad deal compared to some of the City’s more pricey establishments...
A PERFECT PRESENT
FOR everyone planning ahead for the perfect Christmas present for a wife, mother, girlfriend or sister, Scottish auctioneers Lyon & Turnbull may just have the answer. The historic auction house is holding a sale on 30 November to sell a specially commissioned pendant made by jewellers Eric N Smith. Already given the seal of approval by supermodel Stella Tennant, all proceeds from the sale will go to the Teapot Trust, which raises funds to provide art therapy for chronically ill children. Jewellery and charity...the Capitalist can think of no better way to a woman’s heart.