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Sunday 23rd of April 2017 11:10:39 AM
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....". 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. ... [Read full article on BBC ]
Thursday 27th of April 2017 12:21:29 PM
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....The law of unintended consequences would prevail again. Under the price cap being promised by the Conservatives, consumers will benefit if wholesale prices fall. ... [Read full article on BBC ]
Sunday 23rd of April 2017 01:59:35 PM
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....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. ... [Read full article on BBC ]
Monday 24th of April 2017 11:52:31 AM
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....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. ... [Read full article on Guardian ]
Sunday 23rd of April 2017 03:08:01 PM
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.... 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. ... [Read full article on Guardian ]
Thursday 27th of April 2017 06:33:22 AM
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.... 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. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:58:33 PM
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Latest Finance News related to Wholesale

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. ...
UK government vows strong action to rein in energy companies image
Source : Guardian [Read Article] Wednesday 19th of April 2017 12:25:24 PM
....Five of the big six energy suppliers – EDF, E. ON, Npower, SSE and Scottishpower – have increased their prices recently, blaming rising wholesale costs and other factors. ...
Burberry shares dive despite sales rise image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:32:28 AM
....3bn. However, overall total revenues, which include its wholesale and licensing revenues, fell by 1% to £1. ...
Food and fuel inflation 'hitting UK supply chain' image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:00:38 AM
....Rising food and fuel prices are putting pressure on firms operating in the UK supply chain, an insolvency firm says. Begbies Traynor found almost 22,000 firms were facing "significant financial distress" in sectors such as logistics and wholesale - up by a quarter in the past 12 months. ...
Big six energy firms braced for government price crackdown image
Source : Guardian [Read Article] Monday 17th of April 2017 03:43:01 PM
.... All but Centrica-owned British Gas have upped their prices, with EDF last week announcing its second rise this winter. The suppliers have blamed a series of factors, from smart meter installation costs and green energy policies to, most frequently, rising wholesale energy costs. ...
Can’t we stop colossal firms taking over small businesses? image
Source : Guardian [Read Article] Monday 17th of April 2017 01:08:04 PM
. I’ve just heard that Tesco may be taking over wholesaler Booker, which includes Budgens, for £3. ...
Robots to replace 1 in 3 UK jobs over next 20 years, warns IPPR image
Source : Guardian [Read Article] Saturday 15th of April 2017 07:01:18 AM
....The IPPR research said that in four sectors alone – retail, hospitality, transport and manufacturing – 5m jobs were at risk, adding that a particular concern to ministers should be industries ripe for automation with a high proportion of workers least able to adapt. “In wholesale and retail for example, there are over two and a half million jobs with a high potential to be automated, and three in four workers do not have a degree-level qualification and may lack adaptability,” the report said. ...
White van nation: meet the drivers behind the on-demand economy image
Source : Guardian [Read Article] Saturday 15th of April 2017 06:00:17 AM
.... There are certain articles of faith they all seem to share, none more widespread than the trust in the pacifying power of the hazard light. I meet a dried fruit wholesaler in an ageing Boxer who swears that, by combining his hazard lights with a laminate “Unloading” sign, he can get away with half an hour of comically obstructive street parking, unmolested. ...
EU migrants make up 11% of manufacturing workforce - ONS image
Source : BBC [Read Article] Wednesday 12th of April 2017 06:19:18 PM
...."Today's analysis shows the significant impact international migration has on the UK labour market. It is particularly important to the wholesale and retail, hospitality, and public administration and health sectors, which employ around 1. ...
Millions of EDF customers face second price rise this year image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:36:37 AM
....” The government’s plans are expected to be published later this month. EDF blamed the increase on rising wholesale energy costs and government policies that have to be paid for by consumer bills, which include schemes to alleviate fuel poverty and support low carbon power. ...
UK needs immigration to keep service industries going, says ONS image
Source : Guardian [Read Article] Wednesday 12th of April 2017 10:50:16 AM
. Immigration is particularly important to keep Britain’s health service and its wholesale and retail, public administration and hospitality trades going, with more than 1. ...
EDF raises electricity prices for second time this year image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:24:45 AM
....Ofgem was highly critical of the increases. Dermot Nolan, its chief executive, said: "EDF's second price rise in four months, when there has not been a dramatic rise in wholesale energy prices since it last put up prices, is difficult to justify and is further evidence that the energy market is not working in all consumers' interests. ...
Tesco full-year pre-tax profits hit by fine image
Source : BBC [Read Article] Wednesday 12th of April 2017 06:37:34 AM
....5bn of costs. The supermarket also needs strong results to help it persuade shareholders to back its attempt to buy wholesaler Booker. ...
BBC to air recording that implicates Bank of England in Libor scandal image
Source : Guardian [Read Article] Monday 10th of April 2017 06:45:56 PM
....“The government is absolutely clear that we must learn from the lessons of the past,” said a Treasury spokesman. “That is why, since the financial crisis, we have carried out wholesale reform of how the financial system is regulated in this country, including making the manipulation of Libor a criminal offence. ...
‘We will be forced to close’: Polish and Czech food stores post-Brexit image
.... As people migrated to the UK from EU countries, and Poland in particular, supermarkets were quick to meet the market. Savvy entrepreneurs took the opportunity a step further, opening stores and wholesale empires based on the import of EU specialities. ...
Quebec's maple syrup producers seeking global domination image
Source : BBC [Read Article] Saturday 8th of April 2017 11:16:15 PM
.... . The Federation controls nearly every aspect of maple production in the province, assigning quotas to the province's 13,500 farmers and selling the syrup to licensed wholesalers. ...
Rupert Murdoch's Sky takeover approved by European regulator image
Source : Guardian [Read Article] Friday 7th of April 2017 04:07:03 PM
.... “Fox and Sky are mainly active in different markets in Austria, Germany, Ireland, Italy and the UK. They compete with each other only to a limited extent, mainly in the acquisition of TV content and in the wholesale supply of basic pay-TV channels. ...
British rail is nationalised all over again – by foreign states image
Source : Guardian [Read Article] Saturday 1st of April 2017 02:59:28 PM
....Some believe that Britain’s departure from the EU could prompt reform. Mick Cash, general secretary of the RMT union, says: “With the government triggering article 50, and freeing the UK from EU rail directives, there is now no excuse at all for carrying on with the wholesale rip-off that exports British fare payers’ cash overseas. ...
UK households’ savings fall to record low in warning sign for economy image
....Commenting on the latest estimate of fourth quarter growth, the head of GDP at the ONS, Darren Morgan, said: “Growth in the final quarter remained unrevised at 0. 7%, with buoyant contributions from the retail and wholesale sectors in the run-up to Christmas. ...
Broadband users could see bills slashed as BT is forced to cut charges image
....Currently Openreach charges rivals £88. 80 a year in wholesale charges for each individual superfast package, one of the most popular with UK broadband users. ...
Tobacco display ban hits sales at Budgens and Londis owner image
Source : Guardian [Read Article] Thursday 30th of March 2017 07:50:20 AM
. Booker, the wholesaler behind convenience store brands including Budgens and Londis, which is the target of a £3. ...
Plumbing firm Wolseley leads FTSE higher image
Source : BBC [Read Article] Tuesday 28th of March 2017 08:21:08 AM
....Tesco is paying a £129m fine and will also pay £85m in compensation to shareholders. Separately, one of Tesco's biggest shareholders has warned that the retailer is paying too much for its planned takeover of wholesaler Booker. ...
Tesco warned over cost of £3.7bn Booker takeover image
Source : BBC [Read Article] Monday 27th of March 2017 06:47:15 PM
....One of Tesco's biggest shareholders has warned the supermarket's £3. 7bn bid for wholesaler Booker is too generous. ...
Two Tesco shareholders oppose £3.7bn takeover of wholesaler Booker image
Source : Guardian [Read Article] Monday 27th of March 2017 06:04:28 PM
....Tesco’s £3. 7bn takeover of Booker, the grocery wholesaler, is in doubt after two major shareholders in the supermarket group expressed their opposition to the deal. ...
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. ...

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