Explainer: What’s behind a potential price cap on essential food June 5, 2023 Now, it’s been so long it’s almost hard to remember when it started, but the price of pretty much everything has been going up in the UK for months on end. Food was always the most painful item area to go up in price – with the “eat or heat” tragic dichotomy predominating last winter. [...]
Deliveroo, Just Eat, Amazon and Uber: Delivery apps charging DOUBLE for supermarket groceries, says Which? June 3, 2023 Ordering supermarket groceries via a delivery app such as Deliveroo, Just Eat or Uber Eats could cost twice the price of buying directly from the same store, according to Which? Meanwhile, Amazon is charging up to 45 per cent more for Morrisons products than if they were bought from the supermarket’s own website, the consumer [...]
Blur – The Narcissist: A deep-dive into the genesis of (another) hit May 30, 2023 There is a moment in the Beatles’ catalogue of which I’m particularly fond. It comes on the album Sergeant Pepper’s Lonely Hearts Club Band when Paul McCartney, ever the panting optimist, sings: “It’s getting better all the time.” Lennon improvises back: “It couldn’t get much worse.” The essentially dual spirit of the Beatles is encapsulated in that [...]
Deliveroo: Riders expose ‘grim reality’ of business ahead of AGM May 24, 2023 A storm of Deliveroo riders will demonstrate before the company’s AGM this morning to expose the alleged “grim reality” of working within London’s gig economy and rally for better pay and working conditions. Trade bodies, ShareAction and IWGB, which represent the workers are also coordinating Deliveroo riders to attend the company’s AGM, where they will [...]
Tesco boss John Allan quits: Britain’s biggest supermarket concerned behaviour claims are ‘distraction’ May 19, 2023 John Allan, the chair of Tesco, will quit his role fearing accusations about his behaviour are becoming a “distraction”. The former president of the Confederation of British Industry (CBI), which has been embroiled in serious accusations of sexual misconduct including rape, will step aside from Britain’s biggest supermarket. In a trading update late on Friday [...]
Mark Kleinman’s must-read column: Apollo, Ofgem and Hargreaves Lansdown May 18, 2023 Mark Kleinman is Sky News’ Business Editor and writes a must-read column for City A.M. on the biggest business stories of the week Apollo’s failed missions will make take-private landings harder Apollo and ground-breaking missions of accomplishment have long been synonymous. Right now, for the US-based investment firm of the same name, simply getting the [...]
Some meat, yoghurt and vegetables have doubled in price in a year, new data shows May 16, 2023 Some meat, yoghurt and vegetables are among items that have doubled in price compared to a year ago, according to new figures from consumer group Which? The group urged Prime Minister Rishi Sunak to intervene on behalf of struggling consumers as its latest data shows food inflation remaining at “shockingly high levels”. The figures come ahead of Tuesday’s [...]
Government permits ‘long lorries’ on British roads – but are they safe? May 10, 2023 The Department for Transport (DfT) has today announced legislation permitting ‘long lorries’ to be rolled out on UK roads, estimating a £1.4bn boost to the economy as a result. The new laws will allow longer semi-trailers (LSTs) of up to 18.55 metres on British roads, over two metres more than the standard size, from 31 [...]
We shouldn’t be running out of tomatoes because we can’t sort out our supply chains May 5, 2023 Over the last month, bad weather in Europe and Northern Africa led to certain salad items being in short supply across the UK. Leading supermarkets, including Tesco’s, Morrisons, Aldi and Lidl all limited the number of tomatoes, peppers and lettuce that consumers can buy. Product shortages aren’t necessarily unusual, but since the pandemic, they have [...]
Let’s be honest, we can’t keep blaming supermarkets for the sky-high food prices May 4, 2023 Supermarkets get all the blame for the sky-rocketing food prices. But they've tried to keep prices as low as possible against inflationary pressures and supply chains disruptions, writes Matthew Lesh