Private sector growth picked up pace in the three months to December, according to the CBI’s latest Growth Indicator, the final one of 2016. The survey of 788 respondents across the manufacturing, distribution and service sectors showed that growth climbed to a balance of +17%, its highest in a year. Most sectors reported an uptick…
The Competition and Markets Authority (CMA) has written an open letter to businesses alerting them that if suppliers restrict their retailers’ prices, they can be breaking the law. The letter follows two recent cases in which businesses were fined a combined total of over £3 million for engaging in resale price maintenance (RPM). RPM occurs…