By Jon Robinson The cost of a loaf of Hovis bread is set to remain largely steady this year after prices were hiked by almost a third in the aftermath of Russia‘s invasion of Ukraine, it has been confirmed. Chief executive Jon Jenkins told the PA news agency that Hovis prices were now “relatively stable” thanks to easing costs for the group. The bread and bakery brand, which was founded in Stoke-on-Trent 138 years ago, increased prices by between 15 per cent and 30 per cent in the year to September 30, 2023, after seeing a five or six-fold surge in some commodity prices, while energy and distr…