Charting the Global Economy: Business Activity Slows in China
China’s economic recovery is in danger of sputtering after figures this week showed a further contraction in manufacturing
2023-06-03 17:23
Ukraine Recap: Ready for Counteroffensive, Zelenskiy Tells WSJ
Volodymyr Zelenskiy told the Wall Street Journal that Ukraine is ready for its much-discussed counteroffensive against Russia, but
2023-06-03 16:22
A New Wave of Real Estate Pain Is Coming After $148 Billion Rout
Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords
2023-06-03 15:45
Australia Says US Allies Can Have Productive Ties With China
Australia seeks to balance its economic and security relationship with China even as it maintains a longstanding defense
2023-06-03 13:15
Betting on an Extreme Future: Your Saturday Asia Briefing
Predicting the future accurately is the lifeblood of global finance. Yet predictability is becoming harder as old base
2023-06-03 11:59
Revealed: The delivery apps charging you double for your food shop
Ordering supermarket groceries via delivery apps 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 group found. Which? acknowledged that ordering groceries from Deliveroo, Just Eat or Uber Eats is “undeniably convenient” and could be received in as little as 30 minutes, but warned it found “shocking” price differences across a range of products in its snapshot investigation. It compared the price of a basket of 15 popular grocery items at five major supermarkets against the cost of ordering the same basket from the same supermarket to the same postcode via a delivery app, not including delivery fees. Almost all of the items were either more expensive on the delivery apps or the same price. Ordering groceries from Deliveroo, Just Eat or Uber Eats is undeniably appealing but the cost of this convenience could be double what you'd pay if you cut out the middleman Ele Clark, Which? Which? also found that customers would pay on average 8 per cent more for Morrisons groceries via Amazon than by ordering directly from the supermarket. In one case, a 250g pack of Country Life unsalted butter cost 45 per cent more on Amazon. The rapid delivery apps also charged a premium of as much as 106 per cent in one instance. The Which? basket, which included branded goods such as Doritos crisps alongside own-label milk and ready meals, would have cost £36.63 from Iceland, but getting the same items delivered from the same Iceland store by Just Eat would have cost £50.50, not including delivery fees – a 38 per cent premium. In some individual price differences, own-brand Fairtrade bananas cost 85p at Sainsbury’s and £1.75 on the three apps, Warburtons Toastie Thick Sliced White Bread cost £1 on Iceland’s website but £2 on Just Eat and Uber Eats, while Hovis Best of Both Medium Bread cost £1.19 on the Morrisons website but £2.05 from Uber Eats. Other examples included Asda own-brand Pinot Grigio costing £7 on the supermarket’s website and £9.10 on all three apps. Which? retail spokeswoman Ele Clark said: “Ordering groceries from Deliveroo, Just Eat or Uber Eats is undeniably appealing but the cost of this convenience could be double what you’d pay if you cut out the middleman. “As well as the extra cost on your groceries, you’ll probably have a delivery fee too, so it’s worth weighing this up before ordering anything to your door.” Customers who choose to order groceries via apps like ours do so because of the convenience, speed and choice on offer from rapid delivery Uber Eats A Deliveroo spokeswoman said: “The prices for grocery items available on the Deliveroo platform are set by our grocery partners. “Deliveroo always seeks to deliver great choice, availability and value for money to our customers, and we have agreed price-matching with our grocery partners including Morrisons, Co-op, Asda and more across hundreds of items.” An Uber Eats spokeswoman said: “Everyone who partners with Uber Eats sets their own prices and we always encourage them to match the prices offered in-store. “Customers who choose to order groceries via apps like ours do so because of the convenience, speed and choice on offer from rapid delivery.” A Just Eat spokeswoman said: “At Just Eat, we want all of our customers to have a positive experience when ordering from our platform. We work with more than 75,000 partners across the UK, giving our millions of customers access to choice and convenience through a variety of local takeaway options, restaurant brands and grocery stores. “As independent businesses, any restaurant or grocer using Just Eat are in control of their menus and set the prices they charge. We continue to work closely with our partners to bring value to our customers.” Amazon said that all prices of products sold through the ‘Morrisons on Amazon’ service were set by Morrisons, and added that being able to shop for Morrisons groceries on Amazon offered customers fast delivery options and value.
2023-06-03 11:28
Tim Scott Presents Himself in Iowa as the Candidate of Optimism
Tim Scott made his second appearance in Iowa as a presidential candidate on Friday, arguing that he can
2023-06-03 11:23
Brazil poultry lobby sees little risk of nationwide export ban over bird flu
By Ana Mano SAO PAULO Revised trade accords with most of Brazil's trade partners, including China, make it
2023-06-03 09:18
Pentagon Chief Warns China on Taiwan, Says Time For Talks is Now
US Secretary of Defense Lloyd Austin used a speech at Asia’s biggest security conference to warn that a
2023-06-03 09:17
How Chick-fil-A became a target for going 'woke'
Chick-fil-A has become a surprise target of right-wing ire following the discovery that the company has an executive overseeing its diversity, equity and inclusion policies.
2023-06-03 08:51
A Global Stock Trader’s Guide to More Extreme Weather Events
From Australian mining behemoths to Florida theme parks, investors are betting on whether companies will benefit or take
2023-06-03 08:27
Union Action Shuts Some Key West Coast Ports, Employers Say
Labor actions have disrupted work at several key US West Coast port terminals, all of which are part
2023-06-03 07:54