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....Malde said there had been no sign of a softening in demand for avocados, sales of which have been rising by about 30% in the UK this year. That is despite a more than 50% surge in wholesale prices since the beginning of the year, according to data consultancy Mintec. ... [Read full article on Guardian ]
Friday 18th of August 2017 03:55:59 PM
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. Sainsbury’s exclusive talks on a £130m takeover of grocery wholesale group Nisa have ground to a halt over fears of intervention by competition authorities. ... [Read full article on Guardian ]
Monday 14th of August 2017 04:31:08 PM
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....Rob MacGregor, Unite national officer, said: “RBS’s fixation with cutting employee numbers, restructuring and offshoring work that could reasonably be done by displaced staff within the RBS IT community is unacceptable. This British-taxpayer funded bank should be concentrating on investing in jobs here in the UK, rather than wholesale cuts. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 02:33:43 PM
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Latest Finance News related to Wholesale

Call for tougher checks on energy firms to prevent them from collapsing image
Source : Daily Express [Read Article] Sunday 20th of August 2017 07:50:00 AM
....However critics argue that the system is not tough enough. Last November GB Energy collapsed when wholesale prices spiked. ...
Tesco to sell tiny avocados in response to fruit's global shortage image
Source : Guardian [Read Article] Friday 18th of August 2017 03:55:59 PM
....Malde said there had been no sign of a softening in demand for avocados, sales of which have been rising by about 30% in the UK this year. That is despite a more than 50% surge in wholesale prices since the beginning of the year, according to data consultancy Mintec. ...
RBS preparing to cut nearly 900 IT jobs, says union image
Source : Guardian [Read Article] Tuesday 15th of August 2017 02:33:43 PM
....Rob MacGregor, Unite national officer, said: “RBS’s fixation with cutting employee numbers, restructuring and offshoring work that could reasonably be done by displaced staff within the RBS IT community is unacceptable. This British-taxpayer funded bank should be concentrating on investing in jobs here in the UK, rather than wholesale cuts. ...
Sainsbury's Nisa takeover talks paused after competition concerns image
Source : Guardian [Read Article] Monday 14th of August 2017 04:31:08 PM
. Sainsbury’s exclusive talks on a £130m takeover of grocery wholesale group Nisa have ground to a halt over fears of intervention by competition authorities. ...
Rise of electric car solves little if driven by fossil fuels, warns windfarm boss image
.... Some in the industry have already predicted that windfarms, due to be built early next decade, will come in cheaper than the deal for the Hinkley Point C nuclear power station of £92. 50 per Mwh, about twice the wholesale price of electricity. ...
10 years after the crash, alternatives are emerging | Letters image
Source : Guardian [Read Article] Thursday 10th of August 2017 06:12:03 PM
....Trade union activism has set off a domino effect against bogus self-employment in the gig economy. A swift legislative response to the Taylor review is now required to effect wholesale change that produces strong upward pressure on wages. ...
Populist trade policies won’t protect jobs anywhere in the world | Kenneth Rogoff image
.... While the rest of the world floundered in the aftermath of the 2008 financial crisis, China continued to extend its vast logistical and supply chains. In a world where people are likely to have to change jobs frequently and sometimes radically, wholesale changes in adult education are needed, mainly through online learning. ...
Price cap still possible, government warns energy companies image
Source : Guardian [Read Article] Tuesday 1st of August 2017 07:19:42 PM
....British Gas is the last of the Big Six to announce a price rise this year and the increase was widely expected because the energy giant had pledged to freeze prices until August after the other five companies announced rises in March. However, UK wholesale prices have fallen by around 13% since January, according to analysis by energy and commodities monitor S&P Global Platts. ...
Nicky Morgan requests assessment of City's readiness for hard Brexit image
Source : Guardian [Read Article] Monday 31st of July 2017 11:01:01 PM
....The newly elected chair of the Treasury select committee also called on the Bank to provide its views on what a Brexit transition deal should look like to minimise damage to the City. An analysis by the consultancy firm Oliver Wyman calculated that up to 40,000 jobs in the wholesale banking sector – which provides services to companies – could be at risk. ...
Wartime bombs and mines fail to stop cross-Channel power cable image
Source : Guardian [Read Article] Sunday 30th of July 2017 01:36:03 PM
....As Britain generates a growing share of electricity from intermittent sources such as windfarms and solar panels, the cables have become increasingly important, providing around 7% of power. They also help dampen down peaks in wholesale prices. ...
Horsemeat scandal: businessman found guilty of fraud image
Source : Guardian [Read Article] Wednesday 26th of July 2017 02:52:58 PM
.... “In 2012, beef sold for around €3 [£2. 60] a kilogram at wholesale prices. ...
Boots ends 130 years of manufacturing as it sells off factories image
Source : Guardian [Read Article] Wednesday 26th of July 2017 12:24:08 PM
....”. The group now has a presence in 25 countries after a series of major mergers, operating a number of retail chains as well as the world’s largest global pharmaceutical wholesale and distribution network. ...
Brexit to push up cost of bangers as UK wholesale meat prices soar image
Source : Guardian [Read Article] Monday 24th of July 2017 03:44:11 PM
. Brexit is set to push up the price of the British banger, as wholesale pork and beef prices soared over the last year as a result of the weak pound and a surge in export demand. ...
Drop in wind energy costs adds pressure for government rethink image
Source : Guardian [Read Article] Sunday 23rd of July 2017 05:03:35 PM
....France’s EDF was awarded a contract for difference – a top-up payment – of £92. 50 per megawatt hour over 35 years for Hinkley’s power, or around twice the wholesale price of electricity. ...
Don’t bin it … how we served the UK’s first ‘food waste wedding’ feast image
.... “Then I was told that a load of frozen chicken had turned up, along with trayfuls of soft fruit rejected by supermarkets. ” The chicken breasts still had three to four days left on their best before date, but the wholesaler had been unable to shift them. ...
UK house prices rise nearly 5% despite political turmoil image
Source : Guardian [Read Article] Tuesday 18th of July 2017 01:05:46 PM
....5% by the end of the year. He argued: “Lenders are reporting that they will lend less in the third quarter and the recent pickup in wholesale funding costs suggests that they will not continue to cut mortgage rates. ...
Tesco takes the cherry as bumper British crop leads to lower prices image
Source : Guardian [Read Article] Friday 14th of July 2017 01:29:38 PM
....It was not clear, however, whether the firm paid the same price per unit to suppliers for the excess stock as it normally would. Vernon Mascarenhas, sales director of the wholesaler First Choice, said that, in his experience, prices had remained stable from last year, meaning that wholesalers were able to benefit from increased orders. ...
'Locals get first dibs': the Manchester flats banning foreign investors image
.... They are for investors only. By the time the flats are actually habitable they will have long been sold off, often wholesale, to foreign buyers. ...
Uber stages retreat in Russia as it merges with rival Yandex image
Source : Guardian [Read Article] Thursday 13th of July 2017 11:12:55 AM
....”. The deal has echoes of Uber’s previous moves in China, where the company sold its operations wholesale to native ride-sharing firm Didi last year. ...
Tesco faces in-depth investigation into £3.7bn Booker takeover image
Source : Guardian [Read Article] Wednesday 12th of July 2017 08:31:46 AM
....“The CMA believes that in more than 350 local areas where there is currently an overlap between Tesco shops and Booker-supplied ‘symbol’ stores, shoppers could face worse terms when buying their groceries,” the watchdog said, announcing the decision. “There are concerns that, after the merger, there is potential for Booker to reduce the wholesale services or terms it offers the ‘symbol’ stores it currently supplies, in order to drive customers to their local Tesco. ...
Low-paid workers need better job satisfaction, No 10 review will say image
.... It is predicted that 15% of the UK workforce will be earning up to or at that level by 2020, up from 2% in 2000. In three years a quarter of workers in wholesale, retail, agriculture and fishing will be earning at the wage floor, according to the Resolution Foundation. ...
Community groups call time on the demise of the British pub image
Source : Guardian [Read Article] Friday 7th of July 2017 04:19:25 PM
....The report from Plunkett Foundation, a charity that supports community-owned businesses, said these locally owned and run enterprises “are prospering where private enterprise has failed”. It’s a relatively rare shaft of good news for an industry that has been buffeted by a range of factors, from people increasingly opting to either stock up on cheap supermarket booze or pricier craft beers they can drink at home, to high pub rents and wholesale beer prices. ...
Butter price at all-time high as dairy production curdles image
Source : Guardian [Read Article] Friday 7th of July 2017 11:28:15 AM
....Despite increased demand and price rises for shoppers, farmers said they were not seeing increased profits. Britain’s National Farmers Union said while there had been record prices for wholesale cream and butter in recent weeks, farm-gate prices had failed to keep up. ...
Jay-Z's digital-only album goes platinum in under a week image
Source : BBC [Read Article] Thursday 6th of July 2017 08:06:25 AM
....Crucially, they paid for each of those copies, making every "free" album chart-eligible. But the RIAA rules state that the wholesale price of the album only needs to be $2 (£1. ...
Butter could cost more by Christmas, Arla boss warns image
Source : BBC [Read Article] Thursday 6th of July 2017 06:33:10 AM
....Mr Tuborgh said the milk shortage had come about because producers "put the brakes on" in 2016, in the wake of a previous over-production of milk, and consequently lower prices. A spokesman for industry body Dairy UK said there had been "significant increases" in wholesale prices for butter and cream recently. ...
Sainsbury's sales helped by hot weather image
Source : BBC [Read Article] Tuesday 4th of July 2017 07:07:05 AM
...." . Widespread media reports have suggested Sainsbury's is lining up Nisa, a convenience store chain and wholesaler, for its next acquisition. ...
Sainsbury's sales sizzle as shoppers snap up paddling pools image
Source : Guardian [Read Article] Tuesday 4th of July 2017 06:53:35 AM
....Total sales rose 1% despite the closure of dozens of Argos and Habitat outlets in Homebase stores after the takeover of the DIY chain buy Australian firm Bunnings. Sainsbury’s said it had opened 10 convenience stores in the period but made no mention of Nisa, the wholesale buying group with which it is understood to be in exclusive talks. ...
Hinkley Point C: the government should start planning alternatives | Nils Pratley image
....2% if the delays materialise. Still, it’s a French problem, right? Didn’t the UK government insulate us by making EDF and its Chinese co-financier shoulder the construction risks? Wasn’t that the trade-off for the UK guaranteeing to buy all Hinkley’s electricity for 35 years at twice the current wholesale price?. ...
Nisa denies staff annual bonuses despite hitting performance targets image
....25bn, Nisa has been catapulted into the limelight after Tesco’s £3. 7bn takeover of Booker, the wholesaler behind the Londis and Budgens chains, kickstarted consolidation in the convenience store sector. ...
Co-op energy chief predicts more small suppliers could go bust image
Source : Guardian [Read Article] Sunday 2nd of July 2017 11:25:25 AM
....David Bird, chief executive of Co-operative Energy, said that the regulator Ofgem needed to set financial stress tests for new market entrants, to reduce the risk of firms folding and customers being left in the lurch. Co-operative Energy almost doubled its customer base overnight when it was appointed to take over the 160,000 customers of GB Energy, which collapsed last November when wholesale prices spiked. ...
Tesco and Booker call for fast-track competition probe image
Source : BBC [Read Article] Thursday 29th of June 2017 07:11:24 AM
. Supermarket giant Tesco and wholesaler Booker have asked the UK competition regulator to fast-track its probe into their proposed £3. ...
Handbags at dawn with Farfetch, the latest thing in upmarket online fashion image
.... After helping out small fashion firms with technology, he moved into a business where he had a family heritage – his grandfather owned a shoe factory. Neves built a footwear design and wholesale business called SIX London, and then came bstore, an edgy fashion store on London’s Savile Row. ...
Nisa members air discontent at prospect of Sainsbury's takeover image
Source : Guardian [Read Article] Friday 23rd of June 2017 06:07:36 PM
....Influential member groupings in the Midlands, Ireland and London, some of which are able to pool votes under a proxy voting system, are planning to oppose the Sainbury’s deal even though they are yet to see how the numbers stack up. The potential takeover by Sainsbury’s comes after Tesco’s takeover of Booker, the wholesaler behind the Londis and Budgens chains, raised expectations of a wave of consolidation in a market where about 80% of the UK’s 41,000-plus convenience stores are independent or belong to buying groups such as Nisa or Costcutter. ...
Tattooing avocados helps keep up supply of smash hit image
Source : Guardian [Read Article] Friday 23rd of June 2017 05:09:16 PM
....Avoiding waste is becoming more important as it has been harder than usual to source avocados this summer and prices have risen. The wholesale price of avocados in the UK has more than doubled from 37. ...
Spending watchdog condemns 'risky and expensive' Hinkley Point image
Source : Guardian [Read Article] Thursday 22nd of June 2017 11:01:08 PM
....Under the terms of the 35-year contract, EDF is guaranteed a price of £92. 50 per megawatt hour it generates, twice the wholesale price. ...
Uber CEO Travis Kalanick resigns following months of chaos image
Source : Guardian [Read Article] Wednesday 21st of June 2017 06:19:56 AM
....“I love Uber more than anything in the world and at this difficult moment in my personal life I have accepted the investors’ request to step aside so that Uber can go back to building rather than be distracted with another fight,” Kalanick said in a statement to the New York Times. The resignation comes just one week after Kalanick began an indefinite leave of absence amid efforts to bring about wholesale change of Uber’s corporate culture. ...
Energy price cap likely to go ahead despite warnings of 'timebomb' image
Source : Guardian [Read Article] Monday 19th of June 2017 03:36:14 PM
....“Competition will be diminished and cheaper deals would be taken off the market as tariffs moved closer to the cap,” said Richard Neudegg, the site’s head of regulation. He echoed previous warnings by the big six suppliers that because energy regulator Ofgem would eventually have to increase the cap in order to reflect rising wholesale prices, blame would shift from energy firms to ministers. ...
Humiliation on the high street as security guards rob shoppers of their dignity image
....” He left when he was told that he would be transferred to a store 35 miles away as a punishment for ringing in sick. GMB, the union that represents private security staff, has accused the industry of “wholesale exploitation” of workers through zero-hours contracts. ...
Record levels of green energy in UK create strange new world for generators image
.... Solar cuts power demand for National Grid, reducing prices, while wind power also lowers prices. That led to another first last week, when high wind output pushed down the wholesale price and resulted in negative power prices, which means some conventional power plants had to pay household suppliers like British Gas to take their electricity. ...
Sainsbury's poised to buy Nisa in response to Tesco swoop on Booker image
Source : Guardian [Read Article] Saturday 17th of June 2017 12:35:00 PM
.... It is understood that following talks with potential suitors, which included the Co-op and Morrisons, Nisa is poised to recommend Sainsbury’s to its members as its preferred bidder. Tesco’s takeover of Booker, the wholesaler behind the Londis and Budgens chains, has set a cat among the pigeons in a market where around 80% of the UK’s 41,000-plus convenience stores are still independent or belong to buying groups such as Nisa or Costcutter - known as the “symbol groups” in the industry. ...
SSE boss gets 72% pay rise weeks after arguing against cap on bills image
Source : Guardian [Read Article] Friday 16th of June 2017 05:24:56 PM
....However, even the remuneration report acknowledged that the chief executive’s pay had “increased significantly”. SSE was the last of the big six, which have an 84% share of the market, to put up prices during a round of rises last winter blamed on increasing wholesale costs and government policy costs. ...
Amazon to buy Whole Foods Market in $13.7bn deal image
Source : Guardian [Read Article] Friday 16th of June 2017 01:26:19 PM
.... Amazon has long had ambitions to move into the grocery business and launched its food delivery service, Fresh, in the US 10 years ago. It introduced the service in the UK last year after signing a wholesale deal with British supermarket Morrisons. ...
Revealed: reality of life working in an Ivanka Trump clothing factory image
Source : Guardian [Read Article] Tuesday 13th of June 2017 04:02:30 AM
....3 million rupiah, or about $173 a month – but that legal minimum is among the lowest in Indonesia as a whole, and as much as 40% lower than in Chinese factories, another labour source for the Ivanka Trump brand. PT Buma, a Korean-owned garment company started in Indonesia in 1999, is one of the suppliers of G-III Apparel Group, the wholesale manufacturer for prominent fashion brands including Trump’s clothing. ...
New Channel 4 boss Alex Mahon faces some unwelcome drama image
Source : Guardian [Read Article] Saturday 10th of June 2017 03:00:29 PM
.... The current chief executive, David Abraham, has been an outspoken opponent of any move from its £100m headquarters on Horseferry Road, but Mahon will take a more diplomatic stance. The Tories’ weakened political position could, however, encourage Channel 4 to resist a wholesale move and float a compromise. ...
Australia records 103rd successive quarter of recession-free economy image
Source : Guardian [Read Article] Wednesday 7th of June 2017 03:33:36 AM
....3% in the first three months of the year, confirming that the country will enjoy 26 years without a recession. Strong growth was recorded in service industries such as finance and insurance, wholesale trade and healthcare, the Australian Bureau of Statistics said on Wednesday, but the manufacturing sector slipped backwards for the 10th time in 11 quarters. ...
Rise of the machines: who is the ‘internet of things’ good for? image
Source : Guardian [Read Article] Tuesday 6th of June 2017 04:30:13 AM
.... It certainly would be convenient if this golden mean could be determined automatically and consistently. But the wholesale surrender of municipal management to an algorithmic toolset seems to place an undue amount of trust in the party responsible for authoring the algorithm. ...
Monty Don: Supermarket plant sales cut customer choice image
Source : BBC [Read Article] Friday 2nd of June 2017 11:32:41 PM
....Nurseries increasingly focus on plants that can be mass produced so the big stores can sell them cheaply, he says. "You have these vast wholesale nurseries now supplying supermarkets - and that's a diminution of choice," he told Radio 4's You and Yours. ...
Tesco boss named as witness in fraud case against former directors image
Source : Guardian [Read Article] Tuesday 30th of May 2017 12:58:27 PM
....• The Competition and Markets Authority has opened an investigation into Tesco’s proposed £3. 7bn merger with the grocery wholesaler Booker. ...
Watchdog probes Tesco-Booker deal image
Source : BBC [Read Article] Tuesday 30th of May 2017 11:54:19 AM
....The competition watchdog has begun an investigation into Tesco's planned £3. 7bn takeover of wholesaler Booker. ...
Burberry's profits fall amid 'challenging' US trading image
Source : BBC [Read Article] Thursday 18th of May 2017 08:02:50 AM
....Pre-tax profits for the year to 31 March fell 5% to £394. 8m as it was hit by weak wholesale trading in the US. ...
Holy guacamole! Avocado fans in UK face further price rises image
Source : Guardian [Read Article] Friday 12th of May 2017 03:45:26 PM
....British consumers have followed suit. “Demand is phenomenal,” said Alfie Johnson, managing director of Covent Garden Supply, a distributor and major wholesaler of avocados in the UK. ...
Idris Elba and falling pound help Superdry emerge as Brexit winner image
Source : Guardian [Read Article] Thursday 11th of May 2017 04:39:17 PM
....Superdry, best known for its logo-bearing hooded tops, jogging bottoms and checked shirts, has been enjoying a purple patch thanks to expansion overseas and a high-profile collaboration with the actor Idris Elba. The growth was particularly impressive at the brand’s wholesale arm, which includes its 319 franchise outlets, where sales jumped 42. ...
France's Engie aims to restore trust in energy firms with tracker tariff image
. A French power company has promised to restore trust in the energy market with a new tracker tariff linked to wholesale prices, days after big suppliers were found to be making record profit margins from their customers. ...
Thousands face energy bill hikes of more than £400 this month image
Source : Guardian [Read Article] Wednesday 10th of May 2017 09:01:16 AM
....Moorey said that from what he had seen so far of the Tory policy, it seemed prices could go still go up. “If six months on [energy regulator] Ofgem looks at it, and there are shifts in wholesale prices and changes to government policy that are increasing costs, then the regulator could review it and change prices over time. ...
Energy regulator under scrutiny as both Tories and Labour vow to act image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:23:35 AM
.... As head of the energy regulator Ofgem, the 51-year-old will control the price that millions of people pay for their electricity and gas after the general election. A Conservative victory would see Nolan tasked with setting a cap on how high default energy tariffs can go, in relation to the wholesale prices that suppliers have to pay. ...
Tory MPs plot to water down Theresa May's energy price cap pledge image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:00:53 PM
....Damian Green, the work and pensions minister, recently said that energy regulator Ofgem would cap standard variable tariffs “in relation to what the market price is”. That would imply that if wholesale prices continue creeping up, as they have in Ofgem’s cost supplier index, bills will go up despite the cap. ...
Tory energy pledge: May says she still believes in free market despite vow image
....Asked by BBC Breakfast whether the idea was an admission that Miliband’s policy was correct, Clark said: “No, that was a botched policy. They talked about a freeze, they even advertised it in a block of ice, and what happened after that was that the wholesale price of gas and electricity fell, and so if it had been introduced then people would have paid more than needed. ...
Energy bills: £100 cap plan defended by Theresa May image
Source : BBC [Read Article] Monday 8th of May 2017 09:51:56 PM
....Former Conservative chancellor Lord Lawson has said the idea is "crazy" and the government should concentrate on reducing bills by sourcing more energy from the cheapest and most reliable technologies. There is evidence that some suppliers have started raising the price of their cheapest offers in the past six months, but some in the industry put that down to rising wholesale costs rather than the threat of the cap. ...
Dulux owner Akzo Nobel has shown its colours by rebuffing takeover bids | Nils Pratley image
....Alternatively, a blunt cap on variable rates would involve ministers taking direct responsibility for energy bills. They would use regulator Ofgem as a buffer, but few will be convinced when bills increase, as they would sometimes when the wholesale market shifts. ...
Kushner family apologises for mentioning Jared at China pitch image
.... . The White House said on Monday that it was "evaluating wholesale reform" on the programme to make sure it it was "used as intended and that investment is being spread to all areas of the country". ...
What's our cut? Energy firm lets customers see profit margins image
Source : Guardian [Read Article] Monday 8th of May 2017 07:52:55 AM
....A challenger energy firm is hoping to win back consumer trust in the industry with the launch of a tariff that shows how much profit it is making from households. Octopus Energy said its new deal would use an app to display the profit margins it made on an account, alongside the wholesale prices it paid for electricity and gas. ...
British Gas owner warns Tory energy price cap could push up prices image
....In a trading update before its AGM later on Monday, Centrica said the homes it supplies in the US and UK had used less energy than normal because of above average temperatures this year. The company, which has a sizeable power generation arm, said it had taken a financial hit from wholesale prices falling since its preliminary results in February. ...
Mine the gap: Transport for London hopes to profit from licensing its brand overseas image
.... TfL even has its own fashion brand, Roundel London, launched in 2013. TfL would not elaborate on targets for the international programme but licensing industry sources believe it could be a £100m a year brand in terms of retail sales, or £50m of wholesale value. ...
Asda and Morrisons cut petrol prices as oil price plummets image
Source : Guardian [Read Article] Friday 5th of May 2017 11:00:27 AM
.... The average petrol price jumped from a low of 101p in February 2016 to 120p in March 2017, and has been a central factor in pushing up the consumer price index. RAC fuel spokesman Simon Williams said: “It’s great to see the supermarkets responding to our call to pass on wholesale fuel price savings to motorists at the pumps. ...
Sainsbury's weighs up franchise deals to boost Local network image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 05:08:00 PM
.... It once hoped to open about 100 a year. The move comes as Tesco attempts to take over cash ’n’ carry business Booker, which controls the Premier, Budgens and Londis franchise businesses, while Morrisons revives its Safeway brand to wholesale to independent convenience stores. ...
Petrol price CUT on the way? Strong pound and fall in costs means fuel price 'MUST drop' image
.... But the cut is not enough and more retailers should be acting to reduce prices, said the RAC. It comes after the wholesale price of petrol fell by 3. ...
Scaling success image
Source : BBC [Read Article] Tuesday 2nd of May 2017 11:15:46 PM
....Loch Duart set out in 1999 to carve a niche within that Scottish niche. Farming in the sea lochs of Sutherland and the Outer Hebrides, it charges a premium of 20-25% over other salmon producers, selling to wholesalers whose high-end client chefs require that extra assurance of quality and reliability. ...
State-owned Swedish firm Vattenfall enters UK energy market image
Source : Guardian [Read Article] Monday 1st of May 2017 08:00:24 AM
....ON but also Danish state-owned Dong Energy, which sells its wind power to corporate clients, and Dutch firm Eneco, which supplies business customers such as Heineken and Unilever. France’s Engie is also attempting to muscle in on the consumer market and trying to woo households with a tariff that tracks wholesale power prices. ...
Avocado prices at record high due to reduced harvests image
Source : BBC [Read Article] Monday 1st of May 2017 07:51:12 AM
....Avocado prices have risen to a record due to surging global demand and reduced harvests from major producers Mexico, Peru and California. A 10-kilogram box of Hass avocados from Mexico's major wholesale producer sells for around 530 pesos (£21. ...
Eurozone recovery gathering pace, says Draghi image
Source : BBC [Read Article] Thursday 27th of April 2017 12:21:29 PM
....". Ranko Berich, of Monex Europe, said: "Barring a wholesale change in opinion among the governing council against Draghi's position, ECB QE is here to stay for now. ...
Lloyds profits double to £1.3bn despite PPI and fraud payouts image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:33:22 AM
.... TSB, now owned by Spanish bank Sabadell, reported a 40% drop in first quarter profits t0 £32m after a £30m increase in fees it pays to Lloyds following the split. Lloyds has benefited from being able to borrow cheaply on the wholesale markets, the Bank of England’s funding schemes, and attracting deposits from commercial customers, which has helped bolster its profitability. ...
Tories pinched Labour's energy price cap – but now we need detail | Nils Pratley image
.... Really? In their initial impact, the two policies look almost identical. Fallon’s thin argument is that a cap is more flexible because it would allow tariffs to be cut when the wholesale price of energy fell. ...
Energy price cap image
Source : BBC [Read Article] Monday 24th of April 2017 11:52:31 AM
....Under this system, the CMA has come up with an initial maximum figure for prices in each region of the UK, usually in line with the cheapest existing ppm tariff. That number is adjusted every six months, taking into account wholesale energy costs, inflation, environmental obligations and the cost of transporting energy around the network. ...
Energy bills: what's the difference between Tory cap and Miliband freeze? image
....As well as powerful media allies, May also has luck on her side. Miliband’s eye-catching pledge came a few months before wholesale energy prices began a two-year slide, rendering the idea irrelevant. ...
Tory price promise image
Source : BBC [Read Article] Sunday 23rd of April 2017 01:59:35 PM
....The law of unintended consequences would prevail again. Under the price cap being promised by the Conservatives, consumers will benefit if wholesale prices fall. ...
Government cap on energy prices would spark backlash | Nils Pratley image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:12:57 PM
....Clark will also have to explain the basis on which he will set a standard tariff. One way would be to order Ofgem to construct a pricing model that takes account of reasonable overheads, makes a few assumptions about wholesale purchasing contracts and then allows a small profit margin for the supplier. ...
Burberry's sales growth slows despite 'exceptional' UK performance image
Source : Guardian [Read Article] Wednesday 19th of April 2017 05:23:32 PM
.... This came alongside a 5% decline in sales in the Americas. Beauty wholesale revenues also fell by about 20% as the company continued to rationalise its distribution after taking its cosmetics and perfume business in-house in 2013. ...

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