Slash price of Honiton product (8)
I believe the answer is:
lacerate
'slash price of honiton product' is the definition.
'lacerate' can be an answer for 'slash' (I've seen this before). I'm unsure of the 'price of honiton product' bit.
'slash price' is the wordplay.
'slash' becomes 'lace' (I can't explain this - if you can you should give a lot more credence to this answer).
'price' becomes 'rate' (I've seen this in other clues).
'lace'+'rate'='LACERATE'
Can you help me to learn more?
(Other definitions for lacerate that I've seen before include "Tear, rip (flesh or skin)" , "Slash" , "Cut, leaving jagged edges" , "Clare ate (anag)" , "Harrow" .)