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....PwC said 2. 25 million jobs were at high risk in wholesale and retailing – the sector that employs most people in the UK – and 1. ... [Read full article on Guardian ]
Friday 24th of March 2017 07:30:26 AM
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....06p. The oil price and wholesale prices fell sharply at the start of March, and motoring organisations have argued that this should have been feeding through to another 2p cut per litre in prices at the pumps. ... [Read full article on BBC ]
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....”. All retailers are under pressure from rising costs because of increases in business rates, the introduction of a minimum wage for over-25s and the fall in the value of the pound against the dollar, the currency in which many products are bought on the wholesale market. ... [Read full article on Guardian ]
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....The UK has also dangled the prospect of economic support for foreign nuclear builders. French state-owned EDF, which is building two new reactors at Hinkley Point in Somerset at a cost of £18bn, struck a subsidy contract with the government that will see it guaranteed twice the wholesale price of electricity for 35 years. ... [Read full article on Guardian ]
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Latest Finance News related to Wholesale

Foreign companies flock to build nuclear plants in the UK image
Source : Guardian [Read Article] Saturday 25th of March 2017 04:00:06 PM
....The UK has also dangled the prospect of economic support for foreign nuclear builders. French state-owned EDF, which is building two new reactors at Hinkley Point in Somerset at a cost of £18bn, struck a subsidy contract with the government that will see it guaranteed twice the wholesale price of electricity for 35 years. ...
Petrol and diesel prices cut amid pressure on retailers image
Source : BBC [Read Article] Friday 24th of March 2017 03:15:07 PM
....06p. The oil price and wholesale prices fell sharply at the start of March, and motoring organisations have argued that this should have been feeding through to another 2p cut per litre in prices at the pumps. ...
Millions of UK workers at risk of being replaced by robots, study says image
....PwC said 2. 25 million jobs were at high risk in wholesale and retailing – the sector that employs most people in the UK – and 1. ...
Shoe retailer Brantano goes into administration with 1,000 jobs at risk image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 05:41:07 PM
....”. All retailers are under pressure from rising costs because of increases in business rates, the introduction of a minimum wage for over-25s and the fall in the value of the pound against the dollar, the currency in which many products are bought on the wholesale market. ...
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. ...
Theresa May echoes Ed Miliband with promise to reform energy market image
Source : Guardian [Read Article] Friday 17th of March 2017 04:53:15 PM
....Ministers said on Thursday that it was unacceptable that customers of the big energy companies were paying more than necessary. However, energy minister Jesse Norman, added: “It must be noted that wholesale prices, which account for about half of an average bill, are still lower than in 2014. ...
BT Infinity broadband claims about speed are on the line image
Source : Guardian [Read Article] Friday 17th of March 2017 07:00:03 AM
.... There was no improvement. BT’s online wholesale speed checker revealed there was a fault on the circuit, and that I was getting connection speeds of 3MB-6MB instead of the guaranteed 64MB. ...
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. ...
UK climate targets 'will raise household energy bills by £100 in a decade' image
....However, other factors were involved in the net increase. The committee also calculated that rising wholesale energy costs and other issues will add more than £200 a year to bills, while an ongoing switch to more energy-efficient appliances and gadgets is expected to save £150. ...
Low carbon drive 'cuts household bills' image
Source : BBC [Read Article] Thursday 16th of March 2017 12:13:08 AM
.... "It's a very high price that is being paid [for renewables]," said Lord Hollick, the committee chair. The climate committee said this analysis was unfair because it wrongly blamed renewables for rises in wholesale energy costs between 2004-2008. ...
French Connection reports loss for fifth year running image
Source : BBC [Read Article] Tuesday 14th of March 2017 08:20:04 AM
....4%. However, it said the business had been "partly held back" by a poorer performance at its wholesale and licensing divisions. ...
Energy costs to soar as Big Six companies turn up the heat image
Source : Daily Express [Read Article] Tuesday 14th of March 2017 08:01:00 AM
.... . This will add more than half a billion pounds to the nation’s collective energy bill, with suppliers claiming that wholesale energy price rises are to blame. ...
Petrol price war sparked as supermarket SLASHES fuel costs amid tumbling oil prices image
.... "However, with the pound’s exchange rate with the dollar remaining volatile, where pump prices eventually end up remains uncertain. “All the same, falling wholesale prices should shake up petrol pump prices and, initially, competitive non-supermarket forecourts will be the place to look for as much as a £1 off a tank of fuel. ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... However, green energy payments only accounted for 10% of the rise in bills between 2003 and 2016. Most of the increase was due to rising wholesale electricity and gas prices. ...
Energy companies ‘ripping off’ millions, ministers say image
Source : Guardian [Read Article] Sunday 12th of March 2017 12:05:09 AM
.... “This has been a six-year campaign for fair energy prices. In 2011 we saw the pattern that energy prices shot up in winter and fell slowly in summer, bearing little relation to wholesale energy market prices. ...
Does BT's Openreach deal mean faster broadband or higher prices? image
Source : Guardian [Read Article] Friday 10th of March 2017 01:21:25 PM
....The bad news is that Sky and BT have already announced higher prices this year for their phone, TV and broadband packages with some going up 10%. Landline rental – which most households need in order to access broadband – has gone up sharply by between 28% and 41% in recent years, even though the wholesale cost of providing those landlines has fallen by 25%. ...
Sports Direct's move to put worker on board branded 'PR exercise' image
Source : Guardian [Read Article] Thursday 9th of March 2017 09:38:42 AM
.... Time and time again, they have failed to rein in Ashley and I fail to see how a worker could do anything more. “Without fundamental and structural reform, a wholesale change in the behaviour of the largest sports retailer in the UK is very hard to imagine. ...
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
.... The increases will take the average dual-fuel bill up to £1,144, compared with about £900 for the cheapest deals on the market. Unlike most of its competitors, which had cited rising wholesale prices for their increases, E. ...
Budgens closes 34 stores with loss of 815 jobs image
Source : Guardian [Read Article] Tuesday 7th of March 2017 10:04:23 AM
.... Nine stores have already been closed, with the remaining 25 scheduled to shut over the next two weeks. The Budgens brand is owned by food wholesaler Booker, which is being taken over by Tesco in a £3. ...
Budgens: More than 800 jobs lost as 34 stores close image
Source : BBC [Read Article] Tuesday 7th of March 2017 08:31:22 AM
...." . The Budgens brand is owned by food wholesale giant Booker, which is currently in the process of being taken over by Tesco. ...
A budget in the shadow of Brexit leaves Hammond short of choices image
Source : Guardian [Read Article] Saturday 4th of March 2017 07:11:34 PM
.... She says the government overreached itself with a demand in January that the energy market become independent of incentives and government funding. Making the case for preserving green subsidies, she says: “This will be exceedingly difficult to achieve, as any measures to increase taxes on the energy sector is likely to drive up wholesale prices, which will likely have a knock-on effect to retail prices and be a deeply unpopular measure with business and consumers. ...
A budget in the shadow of Brexit leaves Hammond short of choices image
Source : Guardian [Read Article] Saturday 4th of March 2017 04:04:00 PM
.... She says the government overreached itself with a demand in January that the energy market become independent of incentives and government funding. Making the case for preserving green subsidies, she says: “This will be exceedingly difficult to achieve, as any measures to increase taxes on the energy sector is likely to drive up wholesale prices, which will likely have a knock-on effect to retail prices and be a deeply unpopular measure with business and consumers. ...
Landline charges for 2m customers to be cut as telecoms watchdog steps in image
Source : Guardian [Read Article] Tuesday 28th of February 2017 09:12:38 AM
.... Tom Watson, shadow secretary of state for culture, media and sport, said: “This landline rip-off can’t go on any longer. It’s a scandal that service providers have increased landline prices year on year despite benefiting from significant decreases in wholesale costs. ...
BT landline-only customers set to get £5 off monthly bills image
Source : BBC [Read Article] Tuesday 28th of February 2017 07:28:21 AM
....BT is not alone in raising its prices. Major industry players increased line rental prices by between 25% and 49% in real terms between December 2009 and December 2016, while wholesale prices fell by about 26%, Ofcom said. ...
Cereal lovers could shell out more for muesli as cost of brazil nuts soars image
Source : Guardian [Read Article] Monday 27th of February 2017 07:19:10 PM
....The price of brazil nuts could rise by more than a fifth after low rainfall hit production in Bolivia where more than half the global crop is grown. The wholesale price of the large curved nut, which is popular for snacking and in muesli, has already risen by more than a quarter to $4. ...
Tesco to replace 1,700 managers with lower-paid staff image
Source : BBC [Read Article] Monday 27th of February 2017 03:31:16 PM
....7% in the UK. Last month, Tesco announced it had agreed to buy the food wholesale group Booker for £3. ...
Energy bills: customer switching hits six-year high image
Source : BBC [Read Article] Monday 27th of February 2017 12:05:06 AM
....Last week, British Gas, which is freezing gas and electricity prices until August, said it was facing strong competition from more than 50 suppliers. Some energy providers have blamed rising wholesale costs for the increases. ...
Energy bills: are UK customers finally starting to switch supplier? image
Source : Guardian [Read Article] Monday 27th of February 2017 12:01:44 AM
....The increase in activity among customers followed a round of price cuts in early 2016, and strong competition among some of the country’s smallest energy firms. At one point last year, moving from a standard tariff to the cheapest dual fuel deal would have resulted in savings of more than £300, although the margin has narrowed as wholesale energy prices have gone up. ...
Windfarms aren’t the real reason energy bills are rising. Blame the free market image
....So where does that leave efforts to protect householders and industry from rising energy bills? Policies to improve energy efficiency – the boring but important business of installing wall insulation and fitting new boilers to bring down bills – have been axed or left on a dusty shelf in Whitehall. The government has no power to manage wholesale electricity and gas prices, inside or out of the EU. ...
The truth about falling gas prices image
Source : Guardian [Read Article] Saturday 25th of February 2017 06:59:05 AM
.... If so, then rather than price falls the average gas bill for EDF customers must surely be rising. In a statement EDF said: “When setting tariff prices, we take into consideration market prices and wholesale and non-energy costs. ...
Setting sums: Paul Weller looks to crowdfund his clothing collection image
Source : Guardian [Read Article] Friday 24th of February 2017 04:36:01 PM
.... By 2015, when the business was sold to Marquee Brands of the US, Ben Sherman was losing more than £8m a year. Baird Group, the menswear wholesaler, bought the UK rights to the Ben Sherman brand last year and is now promoting a spring range under the strapline “the spirit of mod”. ...
'Magical thinking' on Heathrow expansion image
Source : BBC [Read Article] Thursday 23rd of February 2017 12:15:14 AM
.... . The government has said after Brexit that EU environmental laws will be imported wholesale into the UK, but the MPs say they have seen no guarantees that the government will keep pace with future EU air quality laws. ...
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
....Britain’s big six energy suppliers are under pressure to pass on more price hikes to consumers’ energy bills, the industry trade body has warned. Npower, EDF and Scottish Power have already announced price rises for millions of customers, blaming a mix of rising wholesale costs, installation of smart meters and government policies paid for through bills. ...
Ministers expected to soften impact of business rate changes image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:03:22 PM
....Javid has discussed the issue with Hammond, and the chancellor is now likely to use March’s budget to lengthen the transitional period for companies that will face an increase in rates. There is also a suggestion that the government could agree to a wholesale review of the system, which levies the tax based on the size of property rather than a companies’ profits, in an attempt to stave off a backbench revolt. ...
The supermarket food gamble may be up | Felicity Lawrence image
Source : Guardian [Read Article] Monday 20th of February 2017 06:00:29 AM
....The UK only produces a little over half of what its people consume; over a quarter of what we eat and drink comes from the EU. Reverting to more local ways of meeting our needs has become harder as the old infrastructure of regional wholesale markets has disappeared, and as farmers continue to exit the food business because they cannot make a living. ...
British Gas price freeze is unlikely to impress customers image
Source : Guardian [Read Article] Sunday 19th of February 2017 07:00:02 AM
....8% increase. However, the move – which is being funded by cost cutting – could prove to be a temporary respite for consumers, given wholesale prices are still rising. ...
Two-car families pay £40 extra per month as fuel prices soar, says AA image
Source : Guardian [Read Article] Friday 17th of February 2017 12:01:17 AM
....4% between December and January. Higher oil costs can also push up household energy bills as wholesale gas prices tend to track the price of crude. ...
Diamond rings sparkle for the internet dating generation image
Source : Guardian [Read Article] Monday 13th of February 2017 01:39:04 PM
....As the price of diamonds in the UK has risen between 15% and 20% since the Brexit vote, because the pound has fallen against dollar in which they are priced, Kormind says clients are choosing to spend about the same amount but tweaking the size, or other factors to meet their budget. He says 77 Diamonds is able to offer jewellery as much as 70% cheaper than well-known businesses such as Graff or Tiffany partly because it bypasses the traditional wholesale markets and goes straight to the diamond cutters and polishers in India, the US and Antwerp. ...
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
....That is because insurance companies use co-pays to negotiate with drugmakers. How? Insurance companies offer to charge lower co-pays to consumers at the pharmacy for a drugmaker’s product, if the drugmaker provides the product at a lower wholesale cost. ...
UK offshore wind 'will lower energy bills' more than nuclear image
Source : Guardian [Read Article] Sunday 12th of February 2017 01:30:13 PM
....“I wouldn’t be surprised if it [offshore wind] cleared Hinkley prices,” he said of the bidding for a £290m-a-year government subsidy pot in April. The auction is under a scheme known as contracts for difference, which offer generators a guaranteed price for their electricity above the wholesale price. ...
Instead of draining the swamp, Trump has become Wall Street’s best buddy | Will Hutton image
.... It is careless, don’t-give-a-damn insouciance on an epic scale. It seems that a 21st-century version of Glass-Steagall, the core building block in the wholesale reconstruction of the US financial system in the wake of the Depression, was code for doing the exact opposite. ...
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
....But British Gas, the biggest energy supplier, announced on Friday that it would freeze prices until August, contrary to recent reports that it was planning a rise of up to 9%. Scottish Power blamed increasing wholesale energy prices for the 7. ...
Brexit will cost UK 30,000 finance jobs, says Brussels thinktank image
Source : Guardian [Read Article] Tuesday 7th of February 2017 11:01:00 PM
....The analysis is based on the assumption the UK will leave the single market, as set out in Theresa May’s Brexit speech last month. “Brexit involves risks for market integrity and stability, because the EU including the UK has been crucially dependent on the Bank of England and the UK Financial Conduct Authority for oversight of its wholesale markets,” states the report. ...
Blackouts? What blackouts? How National Grid keeps the lights on image
Source : Guardian [Read Article] Monday 6th of February 2017 01:12:31 PM
....The changing way the UK generates electricity is throwing up some unusual market quirks too. On weekends last year when electricity demand was low and solar generated a lot of power, wholesale electricity prices went negative. ...
The high street is already under threat and now this... | Lucy Siegle image
Source : Guardian [Read Article] Sunday 5th of February 2017 12:05:44 AM
.... As we’ve all spent so long worrying about the demise of the high street, it might even be liberating to let it go. Also, some consumers, I sense, would like to shift wholesale to online shopping, where they can ruthlessly hunt down the cheapest without having to make eye contact with hungry-looking shopkeepers. ...
War of convenience as supermarket chains take on small stores image
Source : Guardian [Read Article] Saturday 4th of February 2017 04:00:33 PM
....7bn takeover of cash-and-carry giant Booker. The surprise move has set hares running among rival retailers and wholesalers in a market where around 80% of the UK’s 41,000-plus convenience stores are still independents or belong to buying groups such as Costcutter or Nisa (known as the “symbol groups” in the industry). ...
Game over! How to beat the 10% rise in the cost of your TV, phone and broadband image
....Millions of households who rely on a big telecoms firm to provide their home phone, broadband and TV packages are facing price rises of up to 10% in the coming weeks. Some commentators have described the increases as “unjustified and excessive”, given that wholesale costs have fallen and inflation is 1. ...
Tip of the iceberg: lettuce rationing broadens to broccoli and cabbage image
Source : Guardian [Read Article] Friday 3rd of February 2017 05:36:12 PM
....Industry suppliers said fresh herbs such as coriander, parsley, mint and thyme were also affected by shortages. A spokesman for Global Fruit & Veg, a Birmingham-based importer which suppliers local retailers, markets and wholesalers, said it had begun flying in herbs from Egypt and Jordan for the first time because it could not get sufficient supplies from Spain. ...
npower to raise energy bills by £109 - here’s how you could SAVE more than £200 image
....”. The energy firm blamed the "difficult decision" to increase bills on higher wholesale energy prices and bigger costs to deliver Government policies, including smart metering and renewables obligation. ...
Npower prices hike sparks crackdown threat against energy providers image
Source : Guardian [Read Article] Friday 3rd of February 2017 10:09:47 AM
.... The government is committed to getting the best deal for households,” he said. “Suppliers are protected from the recent fluctuations in the wholesale energy prices in which they are buying up to two years in advance. ...
Supermarkets ration lettuces after poor weather hits growers image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:59:03 PM
....British shoppers have already been warned that shortages of courgettes, aubergines, salad and celery will continue until the spring – and they can expect to pay substantially higher prices for the stock that is available. Tesco said the signage had been sent to all its stores but was likely to be most necessary in larger outlets in city centres and towns, where sandwich shops and restaurants were likely to try to buy large numbers of lettuces due to shortages in wholesale supplies. ...
Booker Tesco deal has hedge funds in a funk image
Source : Guardian [Read Article] Sunday 29th of January 2017 07:00:17 AM
....Given that it is still trying to get over having mis-stated its profits by £263m during 2014, it seems rather apt that Tesco is buying a business best-known for sponsoring a fiction prize. Yes, Britain’s largest supermarket group is acquiring Booker, the UK’s largest food wholesaler and the company behind the Londis and Budgens convenience chains. ...
After the Italian job, BT boss must make sure success doesn’t blow up in his face image
....What exactly does it mean to be the UK’s leading food business? It is a question that Tesco and Booker shareholders should be thinking about carefully now that their companies have agreed to a merger. Tesco boss Dave Lewis and Charles Wilson, chief executive of wholesaler Booker, were both, unsurprisingly, enthusiastic about the deal when it was announced, and both companies’ share prices duly rocketed – although this also had much to do with Tesco saying it would start to pay dividends again. ...
Why is Tesco buying Budgens' owner – and will it affect shoppers? image
Source : Guardian [Read Article] Friday 27th of January 2017 02:12:27 PM
. Booker is a grocery wholesaler supplying 125,000 independent convenience stores as well as 468,000 restaurants, pubs and leisure facilities such as cinemas. ...
Tesco to buy Budgens and Londis owner Booker in £3.7bn deal image
Source : Guardian [Read Article] Friday 27th of January 2017 07:18:45 AM
....Lewis and Wilson batted away suggestions the Competition and Markets Authority would be wary of a deal that reinforces Tesco’s dominant position in UK retail. “We are a wholesaler rather than a retailer,” said Wilson, while Lewis highlighted that it was not acquiring convenience stores as the outlets served by Booker are owned by independent retailers. ...
Free range eggs may have to be renamed because of bird flu restrictions image
Source : Guardian [Read Article] Wednesday 25th of January 2017 01:07:22 PM
....Williams said that if the hens were unable to go back outside at the end of February, the viability of the free range sector would suffer if their eggs were to be downgraded. “There would not be sufficient barn packaging to enable a wholesale switch across the industry, particularly when it is unlikely to be required for more than a few weeks. ...
UK retail sales slump in December as inflation bites image
Source : Guardian [Read Article] Friday 20th of January 2017 11:05:00 AM
....Industry experts said December’s drop in sales should be seen in the context of a boost in November from Black Friday discount events. “Although the December figures were down on November, it would be a mistake to focus too heavily on a monthly drop in sales,” said Ian Gilmartin, head of retail and wholesale at Barclays. ...
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
....The regulator Ofgem has warned the big six energy companies against raising prices in spring, despite a 15% increase in their costs. It said rising wholesale gas and electricity prices were largely to blame for driving costs upwards, along with renewable energy subsidies. ...
'The swamp is Goldman Sachs': how the bank is rewarded for putting profits over people image
....Sassine has a list of demands for the Trump administration to make him believe in their populism. “When they put out a plan for a moratorium on foreclosures, when [the Department of Housing and Urban Development] stops selling my communities out wholesale, hundreds of mortgages at a time, when they put forth a living wage plan out, then they’ll start convincing me. ...
JP Morgan Chase to pay $55m to settle racial discrimination charges image
Source : Guardian [Read Article] Wednesday 18th of January 2017 04:50:34 PM
....Minority borrowers were owed “tens of millions of dollars in damages”, the government said, because JP Morgan allowed them to be charged higher rates and fees than “similarly situated white borrowers”. Until 2009, JP Morgan used a network of “wholesale” mortgage brokers to sell its loan applications. ...
Fischer Energy joins UK retail market with 100% renewable offer image
Source : Guardian [Read Article] Sunday 15th of January 2017 04:49:38 PM
....The new entrant arrives less than two months after the collapse of another small supplier, GB Energy UK. Experts have raised concerns that the retail energy market is approaching saturation point and question the wisdom of consumers signing up for a variable tariff at a time of rising wholesale prices. ...
If the City vs Brussels is like a game of Jenga, it’s possible both sides could lose image
.... The dominance of the City of London within European financial services is enormous and, in one sense, unsurprising. In big wholesale financial markets, trading activity tends to concentrate in order to keep costs low. ...
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
.... . My Utility Genius product director Guy Thompson said: “Prices will have to go up, because the underlying wholesale market has moved significantly. ...
Earnings inequality among men soars image
Source : BBC [Read Article] Friday 13th of January 2017 12:02:29 AM
.... . Six in ten of them are in the retail, wholesale or hospitality sectors. ...
How wholesalers are trying to spot the next big smart toy image
Source : BBC [Read Article] Thursday 12th of January 2017 09:28:42 AM
. Hundreds of toys have gone on display in Hong Kong, with wholesalers trying to spot what will be the next hit. ...
Related to :
Fuel prices hit 18-month high, after Opec production cuts image
Source : BBC [Read Article] Thursday 5th of January 2017 12:10:17 AM
....63p, the RAC said. The wholesale price of both fuels has risen significantly, following the production cuts announced by Opec. ...
Retailer B&M reveals hearty Christmas trading period image
Source : Guardian [Read Article] Wednesday 4th of January 2017 02:19:57 PM
....Strong sales from Nisa suggest the convenience store sector also had a good Christmas. The convenience store wholesale group reported a 2. ...
Tech startups to make your life more slick, secure and stylish in 2017 image
Source : Guardian [Read Article] Sunday 1st of January 2017 12:00:00 PM
.... For the first 18 months of its public operation, Monzo has been limited in what it can offer customers by British banking regulations, forcing it to operate as little more than a pre-paid debit card with a (very slick) app. But early next year, Monzo should receive a full banking licence, allowing it to operate as the main bank account for users who want to switch their financial life over to a startup wholesale. ...
BHS workers swamp Charles Dickens charity with help requests image
Source : Guardian [Read Article] Tuesday 27th of December 2016 05:53:33 PM
.... The collapse of suit vendor Austin Reed, with the closure of its 120 stores in June, also meant the loss of 1,000 jobs while American Apparel made 150 staff redundant in the week before Christmas. In addition the trust supports retail workers in the wider industry including those employed by manufacturers and wholesalers. ...
Supermarkets to fly in emergency salad from US after Spanish floods image
Source : Guardian [Read Article] Monday 26th of December 2016 07:00:36 AM
.... But the loss of newly planted seedlings means there is likely to be further shortages into January and February, just as Brits seek out salad for their new year health kick. One wholesaler said some supermarkets were planning to fly in stock from the US and at least one supermarket confirmed it would do so. ...
Fake goods sold on social media are seized image
Source : BBC [Read Article] Friday 23rd of December 2016 10:07:36 AM
...."When criminals infiltrate and undermine social media platforms such as Facebook and Instagram consumers are put at risk of injury and harm," said Graham Mogg, who chairs the Anti-Counterfeiting Group. "Targeting the wholesale suppliers at markets and retail premises, as well as the traders operating on social media, has removed tens of thousands of unsafe and other counterfeit goods from the market place. ...
UK hits clean energy milestone: 50% of electricity from low carbon sources image
Source : Guardian [Read Article] Thursday 22nd of December 2016 03:06:26 PM
....Environmental measures have made coal power increasingly uneconomic in the UK, and ministers have promised to phase it out entirely by 2025 at the latest. Despite a recent rise in wholesale prices, which were blamed for one small energy supplier going bust last month, the average household energy bill was down 4. ...
Nike's basketball business leads profit rebound image
Source : BBC [Read Article] Wednesday 21st of December 2016 01:47:55 AM
....18bn. Nike's basketball category and the Jordan brand accounted for about 15% of Nike's wholesale revenue in 2016. ...
'Seat of enlightenment': How Edinburgh became startup city of the year image
Source : Guardian [Read Article] Tuesday 20th of December 2016 07:30:42 AM
....International vision is a key focus for Scottish Enterprise, which Mitchell says is needed if these businesses are to grow to scale and benefit the broader economy. With its support, and that of Scottish Development International, Feechan was taken to a cycling trade show in Europe before FINDRA had even launched, where she met potential wholesale customers and the cycling industry media. ...
Four hippies image
Source : BBC [Read Article] Monday 19th of December 2016 01:03:22 AM
....His founding ideals also included "not spending half my life on an airplane", so opening dozens of other shops was not going to be on the agenda. So while a cafe and store in Canoga Park is thriving after 46 years, the main part of Follow Your Heart is its wholesale business, based in a manufacturing facility a few miles away. ...
Brexit and price hikes push up the cost of Christmas for Britons image
Source : Guardian [Read Article] Saturday 17th of December 2016 08:00:17 AM
....Pigs in blankets: +21%. Analysts are reporting a 21% rise in the wholesale price of pork, with the surge expected to push up the price of bacon and sausages sold in supermarkets. ...
Energy bill SHOCK: EDF to HIKE electricity prices by 8.2 per cent image
Source : Daily Express [Read Article] Friday 16th of December 2016 04:40:00 PM
....com energy expert, says: “Increasing the price of an already high energy bill could leave almost two million EDF standard variable customers buckling under the pressure, and it’s a bitter pill to swallow even if it is after the winter months – consumers still need to keep the lights on. “With wholesale costs rising, putting further pressure on bills, we have already seen the cheapest deal rise by £126 in the past two months, and the danger is now that the other big six suppliers will follow suit with their own price hikes in the spring. ...

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