price | Common News Update

Mar292021 by adminNo Comments

Deliveroo flotation price to be at bottom of target range

Business

PA MediaFood delivery business Deliveroo has said it will price shares for its stock market listing towards the bottom of its planned range.Deliveroo now expects to be valued at between £7.6bn and £7.85bn, whereas its original price range had indicated it could be valued at up to £8.8bn.It said it had chosen the lower price due to "volatile" market conditions.Last week, a number of fund managers said they would reject the listing amid concerns over workers' rights.'Significant demand'Deliveroo's planned share sale has attracted much attention as it could be the UK's biggest flotation for a decade.Last week, the company estimated a price range of between £3.90 and £4.60 per share for the float on Wednesday.However, on Monday it trimmed the price range to between £3.90 and £4.10 per share.In...

Feb182021 by adminNo Comments

The price of gas is climbing higher. Here’s how you can save at the pump

Finance

Buket Topal | iStock | Getty ImagesDon't be surprised if filling your car's tank at the pump keeps gobbling up a growing portion of your budget.Amid already rising gasoline prices, the average price you pay for per gallon could jump over the next couple of weeks, according to GasBuddy.com.On top of elevated prices for crude oil — which accounts for more than half the price of gas — as demand recovers from a pandemic-induced drop and production remains lower, millions of barrels of refining capacity are now offline due to extreme cold in the lower half of the U.S.Zoom In IconArrows pointing outwards"Much of the projected increase in gas prices is likely to play out in the coming days," said Patrick De Haan, head of petroleum analysis at GasBuddy.The current national average for a gallon of ...

Feb52021 by adminNo Comments

Energy bills to rise by up to £96 for millions as Ofgem hikes price cap

Business

Around 15 million families will see their energy bills rise by up to £96 after the regulator hiked the price cap.The return to pre-coronavirus levels is mainly as a result of increase in wholesale costs, according to Ofgem. For six months from 1 April the price cap will increase by £96 to £1,138 for 11 million default tariff customers, and by £87 to £1,156 for four million pre-payment meter customers.Live COVID updates from UK and around the world Image: Ofgem reviews and changes the price cap once every six months Ofgem points out when wholesale energy prices fell sharply last year in the wake of the first COVID-19 lockdown, the price cap dropped by £84 in October to its lowest level yet for the current winter period.   ...

Jan292021 by adminNo Comments

How did your Thali price fare during the pandemic period?

Finance

The cost of a thali or plate of food in India increased steadily during the pandemic from April 2020 to November 2020, says the Economic Survey 2021. The cost of a vegetarian thali increased from approx Rs 26 to Rs 29.5 in urban areas and followed a similar trend in rural areas. The cost has dipped in December reflecting the fall in prices of many essential food commodities. ( See graph). The concept of Thalinomics or the economics of a plate of food in India was first introduced in the last Economic Survey for 2019-20. The survey says: Thali cost represents the cost of a meal cooked within household but as it excludes PDS consumption is wholly based on the transactional prices of the said components of thali, it may be true that the actual cost for a real household may differ from that co...

Jan52021 by adminNo Comments

Virgin Media broadband price rises of up to £54 in 2021

Technology

.css-94m6rd-HeadingWrapper{border-bottom:solid 1px #BABABA;padding-bottom:1.5rem;}.css-94m6rd-HeadingWrapper > *:not([hidden]):not(style) ~ *:not([hidden]):not(style){margin-top:1rem;}.css-vk3nhx-ComponentWrapper{margin:1.5rem 0;}.css-2y05cd-StyledFigure{font-family:ReithSans,Helvetica,Arial,freesans,sans-serif;font-weight:400;font-size:0.875rem;line-height:1.125rem;}.css-kwaqyc-StyledFigureContainer{position:relative;}.css-1xtcmof-Placeholder{position:relative;display:block;padding-bottom:56.25%;background-color:#EEEEEE;}.css-1xtcmof-Placeholder img{overflow:hidden;position:absolute;top:0;right:0;bottom:0;left:0;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;-webki...