We’re fighting over-regulation with yet more regulations in an insane spiral November 1, 2023 From lockdown to 20mph speed limits in Wales and electric vehicles, our obsession with regulations is killing Britain, writes Paul Ormerod
Supermarkets behaving badly: Asda and Morrisons bosses back ‘transparent’ fuel pricing model June 27, 2023 Supermarkets bosses have been grilled by MPs on prices at the pump and agreed to consider entering into a fuel model which would give more transparency. The government has been mulling a scheme whereby petrol stations would have to share live prices in efforts to bring more price transparency for drivers – a similar system [...]
Sainsbury’s: ‘Food inflation starting to fall’ as supermarket giant reports grocery sales surge by 11 per cent July 4, 2023 Sainsbury’s has claimed “food inflation is starting to fall” as it recorded an 11 per cent hike in grocery sales in the first leg of the year. The ‘Big Four’ grocer, recorded an inflation-led 9.8 per cent like-for like-increase in total retail sales excluding fuel in the first quarter of the year up from 4 [...]
Labour’s ticket resale price cap plan could risk ‘black market’, Viagogo warn March 14, 2024 Labour’s pledge to crackdown on ticket touts has been welcomed by the events industry, despite warnings from one resale site it could risk creating a “black market” for fans.
CMA: £1.2bn deal with data and software firms will push UP NHS costs and reduce competition March 17, 2023 A £1.2 billion deal between two data management and software companies could push up costs for the NHS by reducing competition, a regulator has found. The Competition and Markets Authority (CMA) gave UnitedHealth and Emis five days to come up with a plan to mitigate some of its concerns – or risk the watchdog blocking [...]
Pressure on supermarkets to lower prices sends food inflation to new low June 27, 2023 Supermarkets slashing the prices of kitchen staples such as bread, milk and cheese has helped ease food inflation in a welcome boost for shoppers. Food inflation fell to 14.6 per cent in June, down from 15.4 per cent in May, according to figures from the British Retail Consortium (BRC). The decline marks the second consecutive monthly [...]
CMA hits out at Asda and Sainsbury’s for restricting competition June 13, 2023 Asda and Sainsbury’s broke anti-competition rules a combined total of 32 times between 2011 and 2019, the competition watchdog said this morning. The Competition and Markets Authority (CMA) said the ‘Big Four’ supermarkets broke the Groceries Market Investigation (Controlled Land) Order 2010, which was brought in to stop supermarkets imposing new restrictions that stop rivals [...]
Competition regulator appoints interim CEO to permanent role December 19, 2022 The Competition and Markets Authority has appointed its interim CEO to a permanent role. Business Secretary Grant Shapps confirmed that Sarah Cardell will take over at the regulator immediately, having been running it since July following Andrea Coscelli’s departure. Cardell, who has 20 years of experience in the competition and consumer enforcement was previously general [...]
CMA gives London Stock Exchange green light on Quantile takeover October 26, 2022 The competition watchdog has given the greenlight to London Stock Exchange Group's takeover of compression firm Quantile today after an in-depth investigation did not raise “substantial competition concerns”.
Tesco prepares its quarterly results as UK competition regulator circles supermarket June 11, 2023 Tesco is set to report its first quarter trading results on Friday as the UK’s competition regulator circles the country’s largest supermarket chain over concerns about its pricing strategies. Last week, it emerged that consumer goods champion Which? had reported Tesco to the Competition and Markets Authority (CMA) over claims that it does not display [...]