Fuel traders urged to take responsibility as wholesale price falls but petrol hits new record at pump June 23, 2022 Despite falling wholesale costs of petrol and diesel, prices are still going up at the pump as motoring groups call on fuel traders to offer consumers relief.
FSB: Reform needed as issues with e-commerce are harming small businesses October 16, 2023 The Federation of Small Businesses (FSB) is calling for reform as new research suggests small businesses are facing an abundance of online marketplace challenges. The research, which surveyed 1,054 small businesses, showed 53 per cent of participants currently use an online platform for their business, with 71 per cent calling these “very important.” Yet 39 [...]
UK must solve labour issues and cut red tape to help ease food inflation, lobby group warns May 16, 2023 The UK government must address labour shortages and make sure regulations don’t weigh food producers down to help ease food price inflation, an industry lobby group has warned. Downing Street hosted a Farm to Fork event at No10 with retailers, traders and producers invited, as Rishi Sunak announced greater protections for farmers in future trade [...]
UK competition watchdog closes case against Barratt over leasehold homes August 16, 2022 The UK’s competition watchdog has closed a case against one of the country’s largest housebuilders Barratt over its sale of leasehold homes. In a statement today, the Competition and Markets Authority (CMA) said that “it was insufficient to support a clear legal case for the CMA to secure collective redress for Barratt leaseholders under its [...]
Shapps to ask supermarkets to ‘explain themselves’ over pump price hikes July 16, 2023 Supermarket bosses are set for showdown talks with the government next week over soaring prices at the pumps. Energy Secretary Grant Shapps will meet with chiefs from Asda, Sainsbury’s, Morrisons and Tesco, with the minister vowing to slam “the brakes down on the mistreatment of motorists.” In a column in The Sun, Shapps said he [...]
UK competition watchdog launches inquiry into £5.4bn Inmarsat takeover July 25, 2022 The UK’s competition watchdog has launched an inquiry into the £5.4bn takeover of UK satellite giant Inmarsat by a US rival Viasat. The merger would fuse British and US expertise in the satellite space, a sector traditionally dominated by the States. However, it has the potential to raise substantially reduce the amount of competition in [...]
Let’s be honest, we’re going to kill our efforts to tempt in more tech investment September 21, 2023 Rishi Sunak's efforts to make Britain a science superpower thriving with tech investment could all be for nought with new digital markets rules.
CMA probes Asda’s £611m Co-op petrol station takeover deal over fears it could hike fuel prices March 14, 2023 Asda’s £611m takeover over of 132 Co-op petrol stations has come under scrutiny from the UK’s competition watchdog over concerns the deal was likely to push up fuel prices. After the supermarket snapped up the sites last October the Competition and Markets Authority (CMA) launched a Phase 1 investigation at the start of this year [...]
Asda named the most expensive supermarket petrol seller ahead of Tesco, Morrisons and Sainsbury’s June 5, 2024 Asda has been named as the UK’s most expensive supermarket fuel retailer ahead of rivals Tesco, Morrisons and Sainsbury’s.
Claim of supermarkets profiteering doesn’t pass ‘basic smell test,’ says former Sainsbury’s boss June 21, 2023 The former boss of Sainsbury’s has roundly rejected claims that British supermarkets are profiteering during the cost of living crisis, arguing that the government and regulators should focus on helping those in need instead of considering “interfering in markets”. “This idea that [supermarkets] are somehow profiteering in these circumstances… it doesn’t even pass a basic [...]