UK supermarkets accused of ‘taking the mickey’ with price of everyday item

Olive oil prices reached record highs in 2024 (Picture: Getty Images)

While the cost of most things has gone up in recent years, you’ve probably noticed one item rising more sharply than others.

Wholesale olive oil prices skyrocketed in 2024, leading to a 42% increase in supermarket prices and bringing the average litre bottle of own-label extra virgin to a record £7.38.

Producers blamed this surge on poor crop yields as a result of drought — but despite harves...