The full list of products, which will include biscuits, chocolate, dried fruit and nuts, will be published next week and is expected to save consumers over £150m a year.

The news came with the Government's announcement of free bus travel for children in August as part of its ‘Great British Summer Savings' scheme.

Prime Minister Keir Starmer said: ‘We know many hard‑working families are still feeling the squeeze and too often think they have to hold back. 

‘By giving every child free bus travel throughout August and cutting tariffs on everyday food items, we're putting money back into people's pockets and making life that bit easier. 

‘This Government is focused on practical steps that help right now — easing pressure on household budgets, supporting parents during the school holidays, and backing British businesses.'