Price rises, BHS, current accounts and property
Bicycle prices could rise following the Brexit vote, because the cost of importing bikes from Asia has increased. The head of Halfords Jill McDonald said the retailer was in talks with its suppliers following the pound’s fall. ‘For bikes bought in Asia in US dollars, we are seeing prices beginning to move.’ According to The Guardian, McDonald also said Halfords, the UK’s biggest bike seller, was better positioned to tackle price rises than smaller businesses because 90 per cent of the bikes it sells are own labels. Evictions More than 100 households were evicted each day from their rented homes in England last year, according to figures from the Ministry of Justice. The BBC reports that
