http://www.bbc.co.uk/news/business-40788010
In this article i read that housing prices are rising because the economy is growing. It is believe that the average price for a house in the U.k. is around 2.5 thousand pounds. It is also said that the percentage of growth has increased over the past year by 2.9% which is lower than the past month, which was 3.1%. This shows that over the last month the housing prices will rise due to the growth in economy.
Wednesday, 2 August 2017
Tuesday, 1 August 2017
More than 2,500 products subject to shrinkflation, says ONS
http://www.bbc.co.uk/news/business-40703866
In this article i read that products have been cutting down size but staying at the same price. I also read on social media that the Toblerone reduced the amounts of triangles in the bar, and there was a huge uproar about it, while people were claiming that they were being 'ripped off'. Andrex toilet tissue, which used the catchline "Soft, strong and long" alongside the famous Labrador puppy, has shrunk its rolls from 280 sheets originally, first to 240 sheets. The BBC interviewed an employee from the company of Andrex about the shrinkflation, and this is what they said: "Reducing the roll by a number of sheets has helped us make this multi-million pound investment in product performance possible," Even though it may be a few amounts individual products in the overall product, it will help the company save money with lowering the cost, and it doesn't massively effect the consumer.
In this article i read that products have been cutting down size but staying at the same price. I also read on social media that the Toblerone reduced the amounts of triangles in the bar, and there was a huge uproar about it, while people were claiming that they were being 'ripped off'. Andrex toilet tissue, which used the catchline "Soft, strong and long" alongside the famous Labrador puppy, has shrunk its rolls from 280 sheets originally, first to 240 sheets. The BBC interviewed an employee from the company of Andrex about the shrinkflation, and this is what they said: "Reducing the roll by a number of sheets has helped us make this multi-million pound investment in product performance possible," Even though it may be a few amounts individual products in the overall product, it will help the company save money with lowering the cost, and it doesn't massively effect the consumer.
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