Britain: Rising Food Prices Could Spark Riots
March 9th, 2011Via: Herald Sun:
A SENIOR economist at the worldwide bank HSBC has warned of civil unrest in Britain if food prices continue to soar, Sky News reported yesterday.
Karen Ward cautioned that the UK was not immune to the kind of “food riots” seen in other countries around the world.
“Even in the developed world I think we have very, very low wage growth, so people aren’t getting more in their pay packet to compensate them for food and energy, and I think we could see social unrest certainly in parts of the developed world and the UK as well,” she told Sky News.
