A UK supermarket chain has committed to slashing the cost of infant formula milk to help\u00a0parents\u00a0during the\u00a0cost of living\u00a0crisis.<\/p>\n\n\n\n
Iceland Foods \u2013 which has over\u00a0800 branches across the UK, as well as 150 Food Warehouse stores\u00a0\u2013 said as of August 15, customers will be able to buy formula milk at a \u201csignificantly lower price\u201d in its stores, as well as Food Warehouse stores.<\/p>\n\n\n\n
Prices on its range of formula milks have been reduced by over 20%, which the company says is in line with hundreds of other household staples it has discounted.<\/p>\n\n\n\n
It comes after a survey by the supermarket found that, amongst 18-35 year olds who have a child under one, 86% are concerned about the rising cost of formula.<\/p>\n\n\n\n
Formula milk is very expensive for new parents. The cost has soared over the last year \u2013 with the price of the cheapest brand increasing by more than 22%.<\/p>\n\n\n\n
NHS guidance recommends that babies are exclusively breastfed for the first year of their lives. However, data shows that the majority of babies will be partially or fully formula fed by the time they are 6-8 weeks old.<\/p>\n\n\n\n
For those who do rely on feeding their babies formula milk, there are barriers in the way of accessing it cheaply.<\/p>\n\n\n\n
For low income households or those on Universal Credit, some help is available in the form of Healthy Start vouchers \u2013 however the cash value of these vouchers is \u00a38.50 per week (for each baby under one), which is no longer enough to\u00a0cover the cost of most types of infant formula.<\/p>\n\n\n\n
There\u2019s also a restriction on being able to use loyalty points\u00a0or vouchers to pay for it in shops.<\/p>\n\n\n\n
And some of the largest food bank providers\u00a0have policies in place which prevent their food banks from redistributing formula donations.<\/p>\n\n\n\n
In the UK, the Infant Formula and Follow-on Formula (England) Regulations 2007<\/a> prohibits the promotion of formula feeding.<\/p>\n\n\n\n It states that \u201cno manufacturer or distributor of any infant formula shall provide for promotional purposes any infant formula free or at a reduced or discounted price, or any gift designed to promote the sale of an infant formula.\u201d<\/p>\n\n\n\nWhat are the new prices of infant formula?<\/strong><\/h2>\n\n\n\n