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14.12.2022 - 12:31
Business
Sky News
Regulator to investigate antibiotics price rise following surge in Strep A cases
An investigation has been launched by the Competition and Markets Authority (CMA) following rocketing prices of antibiotics in the wake of Strep A cases.Drug companies have been accused of hiking prices after some pharmacies said they were being charged up to £19 for a box of drugs that normally costs a few pounds. Pharmacies say …
14.12.2022 - 12:01
Business
Sky News
The ‘pricing power’ trend of 2022 at risk from persistent inflation
Among the company results on Wednesday morning there was a very interesting theme running between a number of them, specifically those from the Spanish fashion retailer Inditex, the luxury watch and jewellery retailer Watches of Switzerland and the tour operator TUI.All three appear to have had no difficulty in passing on price increases to customers. …
14.12.2022 - 10:34
Business
Business Live
Principality boss on its stadium naming rights deal and commitment to the high street
Principality Building Society’s chief executive Julie-Ann Haines says its multi-million-pound naming rights deal for the Principality Stadium has exceeded expectations while the relevance of the mutual sector has never been as important as banks increasingly retreat from the high street. Addressing a meeting of Cardiff Breakfast Club, Aberdeen-born Ms Haines, also called for co-ordinated action …
14.12.2022 - 10:32
Business
Business Live
Over £4.5m owed by inflatable hot tub seller Clever-Company after entering administration
Inflatable hot tub firm Clever-Company owed more than £4.5m to its creditors when it entered administration, it has been revealed. The figure has been included in new documents filed with Companies House after the business appointed Interpath Advisory to oversee the administration process at the end of October. The Halton-based firm supplied inflatable hot tubs …
14.12.2022 - 10:26
Business
Business Live
Poor train services from TransPennine Express, Avanti West Coast and Northern due to ‘toxic combination’ of problems
Problems with rail services in northern England are being caused by a “toxic combination” of issues, MPs have been told. Thousands of trains have been cancelled across the region at short notice in recent months, with TransPennine Express, Avanti West Coast and Northern all affected. Anthony Smith, chief executive of watchdog Transport Focus, was asked …
14.12.2022 - 10:25
Business
Business Live
A year in review: a different narrative
It’s that time of year again, when as well as looking forward to the office party and some festive time off, we find ourselves looking back at the year that was. For Different Narrative, it’s been quite a year! Since our founding agencies merged in 2021, our feet have barely touched the ground. We’ve relished …
14.12.2022 - 10:01
Business
Business Live
Founder and chief executive of MSS Group Bill Mayne stands down
Chief excutive and founder of facilities and environmental services firm MSS Group, Bill Mayne, has stood down from his role. Ulsterman Mr Mayne will remain with the Cardiff-based business supporting the leadership team under its new managing director Jonathan James. Having worked at MSS for over 12 years, Mr James brings a wealth of experience …
14.12.2022 - 09:58
Business
Evening Standard
Winter holiday prices surge 28%, says travel operator Tui
Winter holiday prices have surged 28% on pre-pandemic levels and are up 7% on last year, travel giant Tui said today, as inflation and currency volatility pushed the cost of breaks to new highs.But the jump in prices hasn’t stopped winter bookings with the Hanover-based firm more than double on last year amid an easing …
14.12.2022 - 09:27
Business
Evening Standard
Tui returns to profit as holiday bookings and prices surge post-pandemic
Winter holiday prices have surged 28% on pre-pandemic levels and are up 7% on last year, travel giant Tui said today, as inflation and currency volatility pushed the cost of breaks to new highs.But the jump in prices hasn’t stopped winter bookings with the Hanover-based firm more than double on last year amid an easing …
14.12.2022 - 09:27
Business
Sky News
Price of whisky, wine and gin in restaurants and pubs rises
The price of buying whisky, wine and gin in restaurants and pubs has risen – bad news as the UK enters Christmas party season.While the overall rate of inflation has eased to 10.7% (down from 11.1% in November), the cost of a night out continues to rise. The Office for National Statistics (ONS) said falling …
14.12.2022 - 09:20
Business
Evening Standard
Inflation drop signals prices have passed their peak, but cost pressures remain
Hopes have mounted that the worst of the cost crisis is now behind us as official figures showed UK inflation eased back last month, but households remained under pressure due to sky-high food and energy bills.The Office for National Statistics (ONS) said the rate of Consumer Prices Index (CPI) inflation fell by more than expected …
14.12.2022 - 09:13
Business
Evening Standard
Inflation eases slightly to 10.7% as price rises slow
The rate of inflation fell to 10.7 per cent last month raising hopes that the worst of the cost of living crisis may soon be over.The bigger than expected fall in November’s Consumer Prices Index – the headline measure of inflation – from a 42 year high of 11.1 per cent in October will come …
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