Breaking news
Money Mail has repeatedly raised the alarm about the hard-sell pressure tactics used by funeral firms to exploit grieving families. The competition watchdog was so concerned, it launched a review of the £2 billion-a-year sector in 2018 and, only last month, ordered firms to be more transparent. Yet an undercover investigation by the Telegraph has … Read more
NHS hospital boss slams private company for outrageous profiteering after being offered £2 protective gowns for £16.50 each – 825 PER CENT the normal price Nick Hulme looked to alternative sources to increase his NHS trust’s PPE stock The East Suffolk and North Essex NHS Foundation Trust has enough PPE for now Ipswich MP Tom … Read more
Ocado accused of ‘profiteering’ from the coronavirus crisis by hiking prices and axing discounts as demand for deliveries soars By Hugo Duncan and Tom Witherow For The Daily Mail Published: 21:51 BST, 22 April 2020 | Updated: 21:51 BST, 22 April 2020 Ocado has been accused of ‘profiteering’ from the coronavirus crisis by axing discounts … Read more
Jacob Rees-Mogg’s investment firm is accused of exploiting worldwide market volatility caused by the coronavirus panic to rake in huge profits. The MP owns 15 percent of Somerset Capital Management, whose chiefs appear to be investing in businesses hit hard by falling stocks. Executives have told clients the international crisis is providing a ‘once in … Read more
Boris Johnson warns firms guilty of coronavirus profiteering they will face ‘significant’ fines as the government urges shoppers to report any retailers trying to cash in on the crisis Boris Johnson today urged traders not to engage in profiteering during crisis Downing Street said PM is ‘clear we don’t want to see profiteering of any … Read more
Trainline site accused of profiteering from coronavirus crisis by refusing to waive its no-refund policy for advanced tickets, then charging HUNDREDS more for rebooked trips Dozens have taken to Twitter to complain about the site’s refund policy Many are tagging their tweet about the issue with the hashtag #boycotttrainline Twitter user James M Scaife tweeted: … Read more
A wheeler dealer has been slammed for cashing in on the Coronavirus panic after he made £3,000 in two hours selling premium toilet paper out of his van on the side of the road. Lee Marshall parked in a layby and sold 600 cases of 45 rolls for £15 each. He bought the premium toilet … Read more
Rogue retailers should not ‘cash in on fear’ and panic-buying by imposing big mark-ups on household essentials, a watchdog warned yesterday. The Competition & Markets Authority (CMA) also said the Government may regulate the price of key products to prevent rip-offs. The goods affected could include everything from hand sanitiser, toilet paper and painkillers to … Read more