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Grosvenor Crescent rated the most expensive street in England and Wales

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The sweeping crescent, whose Grade II-listed properties are thought to have been built between 1837 and 1860, topped a list of the priciest streets published by Lloyds Bank. However, while Grosvenor Crescent’s residents are sitting pretty, with the typical price tag unchanged on last December, their wealthy neighbours in Eaton Square – which topped the bank’s table a year ago – have each typically seen more than £3m wiped off the value of their property in the space of 12 months, cutting the average price to just over £13.5m. Lloyds did n... Read More »

First quarter 2016 results

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Bob Dudley, BP group chief executive, said: “Despite the challenging environment, we are driving towards our near-term goal of rebalancing BP’s cash flows. Operational performance is strong and our work to reset costs has considerable momentum and is delivering results. Furthermore, development of our next wave of material upstream projects is well on track.” The Brent oil marker price averaged $34 a barrel in the quarter, compared with $44 in 4Q 2015 and $54 in 1Q 2015, and refining margins were at the lowest quarterly average for over five... Read More »

BASF increases prices for TDI

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About BASF At BASF, we create chemistry – and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world's leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving qual... Read More »

BASF increases prices for pigments and dyes worldwide

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The products affected are predominantly azo pigments, yellow and red high performance pigments, effect pigments, phthalocyanines and dyes. Price increases are necessary due to the current market situation, significantly higher raw materials costs and rising cost of environment, health and safety as well as maintenance. The products affected are mainly used as raw materials in the coatings and paints as well as in the printing and plastics industries. ... Read More »

Major savings for customers as Tesco cuts more food prices and slashes online shopping charges

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From today, prices will drop on over 30 products including bacon, baked beans, broccoli, peppers, sugar, lettuce, cucumber portions and lines from Tesco’s bread ranges. Like the food price cuts, the new prices for home delivery and Click & Collect are down and staying down, with one hour home delivery slots now available for £1 and Click & Collect Grocery now free across all locations. Tesco.com now offers more £1 slots than any other UK retailer. The price cuts mean that Tesco.com customers could save up to £130 a year, while Click... Read More »

Ascend announces price increase for its range of Vydyne® Products in Europe

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The increase will be effective as of February 15, 2014, unless governed by other contractual arrangements. In Europe, prices will increase as follows: Ascend and Vydyne® unfilled grades: €0.25/kg Vydyne® compounds: €0.15/kg This price increase reflects industry-wide raw material cost increases, and while Ascend Performance Materials has been able to absorb some of the impact of these increases, this move is necessary to safeguard Ascend’s ability to meet customer needs in terms of quality, security of supply, consistency and sustain... Read More »

SSE response to MPs’ report on prices, profits and fuel poverty

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"As one of the two UK-based, publicly listed major energy suppliers, our customers can see exactly what profits we are making and where they are made. However, we are happy to work with Ofgem, BDO or anyone on exploring if there are ways to improve customer understanding of these profits.. "We aim for an average profit margin in Energy Supply of around 5% over the medium term as we believe this is a fair and sustainable level. We are committed to making energy as affordable as possible and are proud that the report shows our 'costs to serve'... Read More »

Inflation up to 2.8 percent

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According to the most recent figures released by Statistics Netherlands, the inflation rate has risen to 2.8 percent in May. In April, consumer prices were on average 2.6 percent up from one year previously. The inflation increase was predominantly due to higher petrol prices. Although petrol prices were 1.9 percent lower in May 2013 than in May 2012, the price drop in April was no less than 3.7 percent on an annual basis. Food and holiday prices also had an upward effect on inflation in May. Due to the cold weather conditions in spring, pr... Read More »

Rabobank: Bottom in sight for housing market

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In February and March of this year, the prices of existing owner-occupied homes rose by 2.1 and 0.1% respectively compared to the preceding month. But those growth figures were not sufficient to offset the decrease seen in January (-2.9%). Averaged across the first quarter, the prices of existing owner-occupied properties (PBK Price Index of Existing Houses) fell 2.3% overall com­pared to the previous quarter. The start of the second quarter of 2013 has been less promising: prices declined by 1.4% in April compared to March. This makes for a 19... Read More »

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