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. Fans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget. ... [Read full article on Guardian ]
Wednesday 22nd of March 2017 03:07:10 PM
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Latest Finance News related to Price Increase

Tesco pulls Sol, Amstel and Tiger from shelves in Brexit price row image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 03:07:10 PM
. Fans of Heineken beers including Amstel, Sol and Kingfisher will not be able to find them in Tesco for the foreseeable future after the supermarket refused to accept price increases the brewer blamed on Brexit and the budget. ...
Big Six energy companies face price caps after free market fails Brits image
Source : Daily Express [Read Article] Sunday 19th of March 2017 08:52:00 AM
.... . However, the vast majority are still stuck on expensive standard tariffs and are subjected to price increases that exceed movements in the wholesale market. ...
Sainsbury's takes inflation hit on the chin as Aldi and Lidl loom | Nils Pratley image
....Those MPs who spent Thursday beating up the big energy suppliers in parliament may also note the supermarkets’ experience. In the electricity and gas market, price increases are being blamed on different factors – rising wholesale prices and the cost of programmes to upgrade infrastructure – but the seemingly mechanical nature of the hikes is striking. ...
Low carbon drive 'cuts household bills' image
Source : BBC [Read Article] Thursday 16th of March 2017 12:13:08 AM
.... Iain Wright MP, Chair of the Commons Business and Energy Committee, said: "The government must be mindful of the burden that decarbonisation policies can place on businesses and ensure that they remain competitive. "[But] the big energy companies are too quick to blame green policies from government for unjustifiable price increases. ...
Ebook sales continue to fall as younger generations drive appetite for print image
....While ebook sales had plateaued, Bohme said it was important to remember that the figures were still higher than they were five years ago, holding a 25% share in 2016, compared with 26% in 2015 and 18% in 2012. The average ebook price increased to £7. ...
Energy companies ‘ripping off’ millions, ministers say image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
.... Wherever markets are not working for consumers, this government is prepared to act. ” So far this year three large companies have announced price increases of just under 10% on dual-fuel standard variable tariffs, adding about £100 a year to customers’ bills. ...
What the 2017 budget means for you image
Source : Guardian [Read Article] Wednesday 8th of March 2017 05:18:09 PM
....2017-18 Like other people on benefits the family’s income is frozen, meaning they receive the same amount as last year. They will be feeling any food and other price increases this year more than most. ...
Get ready for food inflation to take a bite out of growth | Vicky Pryce image
Source : Guardian [Read Article] Wednesday 8th of March 2017 12:37:50 PM
.... More than half of what we eat, or which goes into our food manufacturing process, comes from abroad – and half of that again is from the EU. For years, the consumer has enjoyed low prices as supermarkets contained any price increases because of intense competition. ...
Foxtons sees property sales plunge as Brexit vote hits image
Source : BBC [Read Article] Wednesday 8th of March 2017 08:06:35 AM
....London property prices have risen sharply in recent years owing, in part, to its attraction to overseas investors. However, price increases slowed last year, partly due to a new stamp duty surcharge facing overseas investors. ...
Hopeful Britons counting on 2017 property boom image
Source : Daily Express [Read Article] Wednesday 8th of March 2017 12:01:00 AM
....”. However, the annual rate of house price growth has almost halved over the past 11 months as buyers struggle to keep pace with price increases. ...
E.ON price rise branded 'monstrous' as users face £97 a year extra image
Source : Guardian [Read Article] Tuesday 7th of March 2017 03:32:17 PM
.... Ofgem is due to publish an update later this week on an index of costs facing suppliers; in January that index showed wholesale energy prices were rising. An Ofgem spokesman said: “In the past few weeks, suppliers have responded to increasing cost pressures by announcing price freezes as well as price increases of different levels. ...
Hammond gets budget boost as OECD upgrades UK growth forecast image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:00:39 AM
....The report sought to flag up “vulnerabilities” in some richer nations where exceptionally low interest rates have been accompanied by rising house prices. “Some countries have experienced rapid house price increases in recent years, including Australia, Canada, Sweden and the United Kingdom. ...
BT's £1.2bn Champions League splurge is price of staying in Sky game image
.... A boost is needed after the financial and reputational damage of an accounting scandal at its Italian operation and the protracted battle with the industry watchdog over the future of its broadband division. On Monday BT renewed ownership of UK broadcast rights to Europe’s biggest football tournament but had to shoulder a hefty 32% price increase, or almost £100m extra per season, to fend off Sky and buy the games exclusively until 2021. ...
BT denies squeezing customers after paying £1.2bn for Champions League image
.... Line rental has not increased, for example. I don’t think people should read that this [deal] translates to price increases. ...
Brexit budget: what leave and remain voters in Hull and London want image
Source : Guardian [Read Article] Monday 6th of March 2017 08:23:59 AM
....50 an hour) at the end of the financial year. “I need to pass on the price increases to the customer, but obviously if I go too far people won’t come. ...
Young drivers to bear the brunt as car insurance costs continue to rise image
....Ultimately, however, it appears that there is no avoiding price rises for young people in the coming months. “In the short term, young people are going to face price increases – that is a certainty,” says Khan. ...
Government intervention has led to higher energy bills, claims Lords report image
....”. However, as the report acknowledges, most of the price increases came from higher gas prices, not the 10% added by renewable energy subsidies. ...
Gas and electricity prices may have to rise further, warns industry body image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 03:11:24 PM
.... Such costs would make up £120 to £140 of the average annual household energy bill next year, Energy UK said. Slade refused to say whether he thought Npower’s recent electricity price increase of 15% was acceptable and said he had no knowledge of individual companies’ future pricing plans. ...
BT’s crossed wires over line rental refund image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:00:27 AM
. In light of its price increases, I contacted BT to cancel my service, as per the rules you recently reported. ...
Microsoft raises prices of some PCs by up to £400 due to Brexit image
Source : Guardian [Read Article] Thursday 16th of February 2017 09:26:41 AM
....Microsoft has increased the price of its Surface and Surface Book computers in the UK by more than 15%, or £400 for some models, due to sterling’s drop in the value post-EU referendum. The price increase comes in the wake of similar moves by Sonos and twice by Apple, which saw the cost of computers, speakers and apps rise by as much as 25%, adjusting for the falling value of sterling against the dollar, the currency in which Microsoft and other US technology firms do their accounting. ...
Energy bills to rise up to 28% for thousands in UK as fixed contracts end image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:23:09 PM
. Thousands of UK households are facing gas and electricity bill rises of up to 28% as fixed price contracts signed before recent energy price increases come to an end. ...
EpiPen alternative to hit market at more than seven times the price image
Source : Guardian [Read Article] Monday 13th of February 2017 11:00:11 AM
.... The drug was once priced at the comparatively modest $690. Evzio’s price increase followed a faltering deal with Sanofi when the company’s other product, Auvi-Q, was the subject of a broad recall. ...
UK offshore wind 'will lower energy bills' more than nuclear image
Source : Guardian [Read Article] Sunday 12th of February 2017 01:30:13 PM
....” McNeal said he found the focus solely on the cost of new low-carbon power “a little bit odd” given the other factors driving energy price rises. Three of the UK’s big six energy suppliers have announced price increases as their costs have risen, the bulk of which are higher wholesale prices. ...
Scottish Power customers to be hit by 7.8% price hike image
Source : Guardian [Read Article] Friday 10th of February 2017 12:26:20 PM
....Scottish Power’s changes would see a third of its customers hit on average with a 10. 8% price increase in electricity and a 4. ...
Private health insurance up by 4.8%, a rise of $200 a year for families image
Source : Guardian [Read Article] Thursday 9th of February 2017 10:50:25 PM
....For a single person the average yearly increase to take effect on 1 April will be about $100, and for families about $200. The price increase outstrips inflation, which rose 1. ...
Why Donald Trump can't bully China on trade image
Source : Guardian [Read Article] Thursday 9th of February 2017 11:35:27 AM
.... China has financial weapons, including trillions of dollars of US debt. A disruption of trade with China could lead to massive price increases in the low-cost stores – for example, Wal-Mart and Target – on which many Americans rely. ...
Game over! How to beat the 10% rise in the cost of your TV, phone and broadband image
.... But, as anyone who keenly checks their phone bills will have noticed, the charges imposed on customers have gone the other way, rising by 28% and 40% respectively. The telecoms firms seem to announce two price increases a year, safe in the knowledge that many households would probably rather go without water for a few days than lose internet access. ...
Npower prices hike sparks crackdown threat against energy providers image
Source : Guardian [Read Article] Friday 3rd of February 2017 10:09:47 AM
....Iain Wright, the Labour MP who chairs the House of Commons’ business, energy and industrial strategy committee, said the price hikes showed that npower took its loyal customers for granted. “This is one of the biggest price increases from a big six energy company, a company which regularly comes bottom of tables for customer service. ...
Weetabix warns it may raise prices due to fall in pound since Brexit vote image
....Like other packaged food makers, it has been squeezed by the plunging value of sterling since last June, which has raised the cost of imported goods or globally traded commodities priced in US dollars. On Monday, Weetabix said it was in discussions with retailers about price increases. ...
Drugs firms are accused of putting cancer patients at risk over price hikes image
Source : Guardian [Read Article] Saturday 28th of January 2017 02:54:55 PM
.... Turing CEO Martin Shkreli was dubbed the most hated man in America. Andrew Hill from the department of pharmacology and therapeutics at the University of Liverpool, said the price increases in the UK would be costing the NHS a huge amount of money at a time when it has said it may have to ration 20% of the very expensive new cancer drugs coming on the market. ...
Marmite maker: it was right to increase prices after Brexit vote image
Source : Guardian [Read Article] Thursday 26th of January 2017 02:20:25 PM
....“Unilever has been able to deliver solid, if not spectacular, growth in margins, sales and dividends for years. Much of this can be attributed to its €8bn advertising budget, which funds the relentless promotion of its everyday products, and helps to ensure its products feature regularly on consumers’ shopping lists, regardless of regular price increases. ...
Brexit's mixed bag: good for scotch, bad for washing machines image
Source : Guardian [Read Article] Thursday 26th of January 2017 11:58:23 AM
.... Much of this can be attributed to its €8bn (£6. 8bn) advertising budget, which funds the relentless promotion of its everyday products, and helps to ensure its products feature regularly on consumers’ shopping lists, regardless of regular price increases. ...
'It's a crisis that keeps on hurting' - experts debate Brexit watch data image
Source : Guardian [Read Article] Wednesday 25th of January 2017 11:10:06 AM
....6%, narrowing the gap between wage increases and consumer price inflation and squeezing the increase in disposable income, despite a slight pick-up in average earnings. A further rise in inflation to about 3% should be expected this year as import price increases come through the pipeline – adding to the squeeze on the real spending power of consumers. ...
Beer prices rise amid sobering threat of Brexit-related inflation image
Source : Guardian [Read Article] Tuesday 24th of January 2017 06:22:37 PM
....But the source said the true effect was yet to be felt and could force brewers to impose much bigger hikes on beer. “If the weakness of the pound remains, we’ll be looking back to the days of 3% price increases fondly,” said the source. ...
Big six energy suppliers warned not to raise prices any time soon image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:08:21 PM
.... Switch sites, which help consumers move to a different energy provider, have said EDF’s move was likely to be the “first rise of many”. However, Ofgem said the hedging by energy suppliers, whereby they buy energy in advance, meant they were likely to have been insulated from recent wholesale price increases. ...
Mr Kipling maker's shares in exceedingly sharp fall as profits sliced image
Source : Guardian [Read Article] Wednesday 18th of January 2017 03:09:46 PM
....5bn takeover offer from US food group McCormick worth 65p a share). Premier reiterated it would have to pass on some of the cost increases to retailers by pushing through “limited price increases where these cannot be avoided”. ...
Apple increases App Store prices by 25% following Brexit vote image
Source : Guardian [Read Article] Tuesday 17th of January 2017 10:31:05 AM
....Apple announced the price rises in an email to app developers on Tuesday, and told them “when foreign exchange rates or taxation changes, we sometimes need to update prices on the App Store”. It says the new prices will roll out over the next seven days, giving customers a short opportunity to beat the price increase. ...
UK inflation hits two-year high of 1.6% image
Source : Guardian [Read Article] Tuesday 17th of January 2017 10:13:33 AM
Freeze your gas bill before cold sets in by switching energy providers image
Source : Daily Express [Read Article] Sunday 15th of January 2017 12:01:00 AM
....Although it has cut its gas prices, EDF will charge customers 8. 4 per cent more for electricity in March, for an overall price increase of 1. ...
Toblerone maker to hike price of Cadbury's Freddo bars image
Source : Guardian [Read Article] Thursday 12th of January 2017 05:00:24 PM
....6oz), is scheduled to jump from 25p to 30p in the spring. The US food manufacturing giant Mondelēz, which owns Cadbury, said it was having to make selective price increases as a “last resort”. ...
Jingle tills image
Source : BBC [Read Article] Thursday 12th of January 2017 01:08:49 PM
....In addition to Next, other retailers including John Lewis and Sainsbury's have warned about the uncertain impact of a weaker pound. The boss of fashion chain Ted Baker has vowed, however, that "there won't be any price increases this year". ...
The Sun losses exceed £60m as ad slump and hacking charges take toll image
Source : Guardian [Read Article] Thursday 5th of January 2017 01:06:30 PM
....6m, as the titles managed to mostly offset print advertising declines. Its parent company, Times Newspapers Limited, said there was a “solid” performance in print sales income, including the first cover price increase in two years last April, and digital subscriptions, which grew to 182,000. ...
Petrol and food prices expected to continue rising in 2017 image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 03:16:58 PM
....Inflation in the UK remains relatively low, at 1. 2% on the latest reading, but economists say it could rise to 3% by the end of the year as the oil price increases and the pound’s weakness since the Brexit vote inflates the cost of imports to the UK such as metals and food ingredients. ...
Train fares rise by an average of 2.3% image
Source : BBC [Read Article] Monday 2nd of January 2017 08:19:15 AM
. Rail passengers are facing higher fares across the UK as average price increases of 2. ...
Rising fares and crowded trains: the misery of Britain's rail users image
Source : Guardian [Read Article] Saturday 31st of December 2016 07:00:21 AM
.... Residents of Tunbridge Wells in Kent will pay £5,156 a year to get to central London. Perhaps the hardest price increase to stomach is being imposed on those who use the Govia-run franchises: the company is increasing prices by 1. ...
2016: the year Britain got (a little bit) richer image
Source : Guardian [Read Article] Saturday 17th of December 2016 07:00:15 AM
.... What’s really helped has been falling grocery prices – down 1. 7% over the year, according to the British Retail Consortium, although Toblerone lovers suffered as it got gappier, and Marmite became the poster child of post-Brexit price increases. ...
EDF to cut gas bills but raise electricity prices image
Source : BBC [Read Article] Friday 16th of December 2016 10:34:35 AM
.... . The company is the first of the UK's "big six" energy suppliers to announce price increases for next year. ...
Drugs firms face fresh questions after Actavis accused of 12,000% price hike image
.... Almost 1m prescriptions were distributed over the last year. The regulator’s senior responsible officer, Andrew Groves, said the price increase was unfair because it is the only available drug on the market. ...
UK inflation at two-year high as clothing prices rise image
Source : BBC [Read Article] Tuesday 13th of December 2016 09:34:38 AM
.... . "It seems that there was less discounting of winter clothing in November and the ONS indicated that price increases were particularly marked for women's and men's outerwear," he said. ...
UK food prices will rise without EU workers, say trade groups image
Source : Guardian [Read Article] Thursday 8th of December 2016 06:30:35 PM
....A string of major food brands have sought increased cost prices from supermarkets as the fall in the pound has driven up the cost of importing ingredients and other essentials, such as packaging. Unilever, which also owns Ben & Jerry’s and Dove; Typhoo; Birds Eye and Walkers are embroiled in an industry-wide battle over price increases caused by the 15% drop in the value of the pound against the euro and 18% against the dollar since the UK voted to leave the European Union. ...
Pfizer fined record £84.2m over NHS overcharging image
Source : Guardian [Read Article] Wednesday 7th of December 2016 08:01:26 AM
....The CMA has four other ongoing investigations into the pharmaceutical industry, with at least one of those focused on excessive pricing. The fines follow an overnight price increase for the drug of up to 2,600%, after it was deliberately debranded, the CMA said. ...
Pfizer fined record £84.2m for overcharging NHS image
Source : BBC [Read Article] Wednesday 7th of December 2016 07:20:15 AM
....The Competition and Markets Authority (CMA) also fined distributor Flynn Pharma £5. 2m for the 2,600% overnight price increase for the drug in 2012. ...
UK office construction forecast to plunge after Brexit vote image
Source : Guardian [Read Article] Tuesday 6th of December 2016 02:29:49 PM
....Savills is predicting a 4% fall in UK office prices next year followed by a 1% drop in 2018. Thereafter it forecasts a slow return to growth, pencilling in price increases of 1. ...
Ofcom to investigate rising landline prices amid concern for elderly image
Source : Guardian [Read Article] Thursday 1st of December 2016 09:02:57 AM
....Market leaders BT and Virgin Media had the highest line-rental charges, with TalkTalk and Sky not far behind, Ofcom said. The price increases were felt most acutely by customers with a standalone landline service – those who do not have broadband or a pay-TV deal. ...
House price growth lowest for 10 months, says Nationwide image
Source : Guardian [Read Article] Thursday 1st of December 2016 07:55:26 AM
....He said the figures “reflect the struggle between those trying to take advantage of very low interest rates and softening house prices versus those showing caution in view of the economic and political uncertainty. The result is modest house price increases mainly because of the continuing shortage of supply”. ...
Last of big spenders: UK Black Friday to be final hurrah before prices rise image
Source : Guardian [Read Article] Thursday 24th of November 2016 06:00:25 AM
....While more than 80% of British shoppers bought a gadget during the 2015 Black Friday sales period, retail analysts at Verdict predict that canny shoppers will also be on the lookout for clothing deals this year. “We expect participation in this sector to grow this year, as retailers such as Next have forewarned of price increases,”said Verdict’s Zoe Mills. ...
Bringing home the bacon? Price of pork hits two-year high image
Source : Guardian [Read Article] Friday 18th of November 2016 07:12:55 PM
....1% on the year. The tough conditions are creating friction, with last month’s “Marmitegate” stand-off between Tesco and Unilever the first to spill into the public domain as the supermarket resisted the manufacturer’s attempt to push through price increases. ...
Tesco chief warns brands not to make UK shoppers pay for weak pound image
Source : Guardian [Read Article] Thursday 17th of November 2016 06:49:32 PM
....”. The Marmite dispute resulted in gaps on Tesco’s shelves after the UK’s largest supermarket chain refused to accept price increases of about 10% on household brands ranging from Marmite to Persil and Flora in order to accommodate the falling price of sterling. ...
Weak pound could boost English wine, says Majestic boss image
Source : Guardian [Read Article] Thursday 17th of November 2016 05:54:34 PM
.... I predict its time has come and the exchange rates are going to help,” he added. In contrast, Gormley predicted that producers from the traditional French regions of Bordeaux and Burgundy, who have been trying to push through price increases for some time, were likely to have a tough time as exchange rates moved against them. ...
Cost of cake set to rise, says Mr Kipling maker image
Source : Guardian [Read Article] Tuesday 15th of November 2016 07:15:13 PM
....He said Premier would be looking at a number of strategies to mitigate cost rises including changing pack sizes, making its manufacturing and distribution systems more efficient, talking to its own suppliers, and reducing promotions. Richard Johnson, corporate affairs director, said: “We can’t say there won’t be any price increases, there probably will be next year, but we are very much in the camp of limited increases. ...
Most renters feel they're unlikely to buy home in next five years – review image
.... He added: “Price resilience is not good news for cash-strapped aspiring first-time buyers, and in spite of the more subdued time of year the smaller properties that they typically target have increased in price this month, the only market sector to show an increase. “In the sprint to get on to the housing ladder, wage inflation to help meet lender affordability ratios and to save for the larger deposits required is being comprehensively outrun by price increases. ...
Bike prices could rise because of Brexit vote, says Halfords image
Source : Guardian [Read Article] Thursday 10th of November 2016 07:13:19 PM
.... “For bikes bought in Asia in US dollars, we are seeing prices beginning to move,” she said. McDonald also said Halfords, which is the UK’s biggest bike seller, was better placed to push back against price increases than smaller outlets because 90% of the bikes it sells are own labels such as Apollo and Carrera. ...
Stocking fillers image
Source : BBC [Read Article] Thursday 10th of November 2016 11:46:25 AM
.... . Andrew Dobbie, managing director of toy industry consultants Gameplan Europe, says that if sterling continues to trade at its current lower levels, there could be price increases in 2017 - but it won't affect firms in the same way. ...
UK toy sales 'to surge to record £3.3bn' despite economic uncertainty image
Source : Guardian [Read Article] Wednesday 9th of November 2016 03:14:12 PM
....“Analysis of the top-selling toys this year shows the sheer variety of concepts driving the sector – from low-priced collectables to entertainment-driven hot toys,” said Frederique Tutt, a toy industry analyst for the NPD Group. Toy sales grew by 5% from January to September compared with the same period last year, she said, adding that while post-Brexit price increases of up to 10% were possible, consumers would not be hit in the pocket until after Christmas 2017. ...
Toblerone gets more gappy, but its fans are not happy image
Source : Guardian [Read Article] Tuesday 8th of November 2016 09:34:41 AM
.... However, it comes after a number of companies sought to raise prices to offset the effect of a plunging pound since the vote to leave the EU. On Sunday, it emerged that Birds Eye fish fingers and Walkers crisps had joined Typhoo and Unilever, the owner of Marmite, and a number of smaller suppliers in an industry-wide battle over price increases caused by the 14. ...
Price of 20 Unilever products up by average of 5.7% since Brexit vote image
Source : Guardian [Read Article] Monday 7th of November 2016 06:01:37 AM
....Marmite was included in the basket of 20 goods but its price slipped slightly overall, by 0. 78% on average across the four chains, as a price cut at Asda offset a price increase at Morrisons. ...
Birds Eye and Walkers ask supermarkets for up to 12% price rises image
Source : Guardian [Read Article] Sunday 6th of November 2016 12:46:50 PM
....Birds Eye fish fingers and Walkers crisps are asking supermarkets for price rises of up to 12%, in the latest standoff between household brands and retailers over the dramatic fall in the value of the pound. The brands have joined Typhoo and Unilever, the owner of Marmite, and a number of smaller suppliers in an industry-wide battle over price increases caused by the 14. ...
Facebook forces Admiral to pull plan to price car insurance based on posts image
Source : Guardian [Read Article] Wednesday 2nd of November 2016 12:01:36 PM
.... In contrast, those who frequently use exclamation marks and phrases such as “always” or “never” rather than “maybe” could be overconfident. The scheme would be voluntary and not apply price increases to drivers deemed to be more risky. ...
Admiral to price car insurance based on Facebook posts image
Source : Guardian [Read Article] Wednesday 2nd of November 2016 12:01:04 AM
.... It is aimed at first-time drivers or owners – although anyone with a licence can apply. The scheme is voluntary, and will only offer discounts rather than price increases, which could be worth up to £350 a year. ...
Typhoo Tea: Cost of a cuppa to go up image
Source : BBC [Read Article] Friday 28th of October 2016 08:12:13 PM
Apple raises computer prices in UK image
Source : BBC [Read Article] Friday 28th of October 2016 12:01:17 PM
....But the company also increased the prices of its older computer products, including the three-year-old Mac Pro, by hundreds of pounds. One analyst said consumers should expect further price increases. ...
Drivers 'face rising insurance bills' image
Source : BBC [Read Article] Thursday 27th of October 2016 12:06:21 AM
....Whiplash claims and rising insurance premium tax (IPT) are pushing up premiums, according to the motoring organisation. "We are witnessing sustained price increases once again which is bad news for drivers," said Michael Lloyd, the AA's director of insurance. ...
AA reports rise in car insurance premiums image
Source : Guardian [Read Article] Wednesday 26th of October 2016 11:01:05 PM
.... In September, insurer LV= warned that it may have to increase premiums after the cost of accident payouts rose. Michael Lloyd, AA’s director of insurance, said: “We are witnessing sustained price increases once again, which is bad news for drivers. ...
Inflation means inflation image
Source : BBC [Read Article] Monday 17th of October 2016 11:20:43 PM
.... The question is, how much higher? What will the consequences be? And will anyone gain from this, or are we all set to lose out?. One estimate of the extent of possible price rises has come from the former boss of Northern Foods, Lord Haskins, who told the BBC that he expected to see food price increases running at an annual rate of 5% by this time next year. ...
Tesco and Unilever settle Marmite dispute image
Source : Guardian [Read Article] Thursday 13th of October 2016 06:36:08 PM
.... However, this attracted criticism as most of its products are made in the UK. Earlier on Thursday Graeme Pitkethly, Unilever’s chief financial officer, said price increases to offset rising costs were a normal part of doing business. ...
Tesco price row: Unilever CFO defends cost hike against Brexit backdrop image
Source : Guardian [Read Article] Thursday 13th of October 2016 07:44:47 AM
....The row will be embarrassing for the supermarket’s chief executive, Dave Lewis, who was previously Unilever’s UK and Ireland chairman. Graeme Pitkethly, Unilever’s chief financial officer, insisted on Thursday morning that price increases to offset rising costs were a normal part of doing business. ...

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