We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDTY.L Share News (DTY)

  • There is currently no data for DTY

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 2-UK watchdog gives funeral operators three months to standardise prices

Wed, 16th Jun 2021 10:32

* CMA requires all funeral directors to list prices from
Sept.

* Prices must be displayed at premises and website

* CMA bans referral incentive payments to hospitals, care
homes
(Adds detail, background)

By Yadarisa Shabong

June 16 (Reuters) - Funeral directors and crematorium
operators in Britain have until September to show a standardised
list of prices, from overall costs to a break-down of the
products and services they offer or risk legal action, Britain's
competition watchdog said.

The Competition and Markets Authority (CMA) on Wednesday
ordered that from Sept. 16, all funeral directors must show the
price list at their premises and on their websites.

It has also banned from Thursday funeral directors from
paying hospitals, care homes and other institutions for customer
referrals and from soliciting business through coroner and
police contracts. (https://bit.ly/3zxANDd)

An investigation focusing on funeral directors and
crematoria services was launched in 2019 after a market study in
2018 revealed high prices were charged to distressed families
who relied on directors to help them navigate options.

The probe found, among other things, that prices for similar
services differed "considerably" between funeral directors and
the way information was provided, making it difficult for
grieving families to compare prices and choose.

However in August last year, the CMA said it could not
implement price controls because of the COVID-19 pandemic, which
has caused almost 128,000 deaths in Britain, the seventh highest
globally.

There are over 7,000 funeral companies in the United Kingdom
from small family firms to large corporations such as Dignity
and Co-op Funeralcare.

"We urge funeral directors and crematorium operators to
start making these changes now," CMA Panel Inquiry Chair Martin
Coleman said.

"We will be keeping a close eye on the sector and stand
ready to take action if firms don't follow the rules."

The standardised list must include the overall price of a
funeral, the price of the individual items comprising the
funeral, such as the type of ceremony and coffins, and certain
additional products and services such as flowers, the CMA said.

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Shounak
Dasgupta and Emelia Sithole-Matarise)

More News
18 May 2023 08:59

LONDON MARKET OPEN: BT shares fall as announces 55,000 jobs to be cut

(Alliance News) - European equities made headway at Thursday's open, though the FTSE 100 underperformed due to share price falls for BT and Burberry.

Read more
18 May 2023 08:08

CORRECT: Royal Mail parent suffers loss; Burberry sees growth

(Correcting spelling of name of new De La Rue chair.)

Read more
18 May 2023 07:55

LONDON BRIEFING: Royal Mail parent suffers loss; Burberry sees growth

(Alliance News) - Stocks in London were called higher on Thursday, as global markets switched to risk-on, following signs of progress on US debt negotiations.

Read more
24 Apr 2023 20:31

Dignity shares to be cancelled next month as buyout edges closer

(Alliance News) - Dignity PLC's suitors will move to cancel the funeral services provider's London listing as a takeover bid is now unconditional.

Read more
19 Apr 2023 17:39

TRADING UPDATES: Deepverge reviews funding, proposes Microsaic deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
14 Apr 2023 19:42

TRADING UPDATES: Anexo announces proceedings issued against Mercedes

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
6 Apr 2023 13:57

IN BRIEF: Planned takeover of Dignity clears UK FCA control condition

Dignity PLC - West Midlands, England-based funeral plan and end of life service provider - Says its planned takeover has satisfied the UK Financial Conduct Authority change in control condition. This follows its proposed takeover timetable being suspended in late March as this condition had not yet been satisfied. The proposed acquisition is by a consortium comprising SPWOne V Ltd, Castelnau Group Ltd and Phoenix Asset Management Partners Ltd, as announced in mid-February.

Read more
5 Apr 2023 15:14

IN BRIEF: Dignity appoints Angela Eames as interim CFO

Dignity PLC - West Midlands, England-based funeral plan and end of life service provider - Appoints Angela Eames as interim chief financial officer and executive director to the board with immediate effect.

Read more
31 Mar 2023 14:33

EARNINGS SUMMARY: Dignity swings to loss; Restaurant Group loss widens

(Alliance News) - The following is a round-up of earnings updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
31 Mar 2023 08:02

Profits fall at Dignity as market needs shift

(Sharecast News) - Funeral and end-of-life service provider Dignity reported a 0.1% increase in market share in its preliminary results on Friday, to 11.9% in funeral services, and a 0.5% increase to 11.8% in cremation.

Read more
24 Mar 2023 15:57

UK earnings, trading statements calendar - next 7 days

Monday 27 March 
Belvoir Group PLCFull Year Results
Carnival PLCTrading Statement
CentralNic Group PLCFull Year Results
Crimson Tide PLCFull Year Results
Dialight PLCFull Year Results
eEnergy Group PLCHalf Year Results
Equals Group PLCFull Year Results
Hyve Group PLCTrading Statement
IQGeo Group PLCFull Year Results
Life Science REIT PLCFull Year Results
RTC Group PLCFull Year Results
SigmaRoc PLCFull Year Results
Target Healthcare REIT PLCHalf Year Results
Tandem Group PLCFull Year Results
Thungela Resources LtdFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tuesday 28 March 
AG Barr PLCFull Year Results
Animalcare Group PLCFull Year Results
Bango PLCTrading Statement
Bellway PLCHalf Year Results
CPPGroup PLCFull Year Results
DigitalBox PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eleco PLCFull Year Results
Empresaria Group PLCFull Year Results
Flowtech Fluidpower PLCFull Year Results
Good Energy Group PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
John Wood Group PLCFull Year Results
Marlowe PLCTrading Statement
Mortgage Advice Bureau Holdings PLCFull Year Results
Nanoco Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Personal Group Holdings PLCFull Year Results
Petershill Partners PLCFull Year Results
Real Estate Investors PLCFull Year Results
Regional REIT LtdFull Year Results
S&U PLCFull Year Results
Softcat PLCHalf Year Results
Synthomer PLCFull Year Results
Team17 Group PLCFull Year Results
United Utilities Group PLCTrading Statement
VH Global Sustainable Energy Opportunities PLCFull Year Results
Xaar PLCFull Year Results
Wednesday 29 March 
abrdn Smaller Companies Income Trust PLCFull Year Results
Artisanal Spirits Co PLCFull Year Results
Big Technologies PLCFull Year Results
Central Asia Metals PLCFull Year Results
Ecora Resources PLCFull Year Results
Essentra PLCFull Year Results
Inspired PLCFull Year Results
Medica Group PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
Next PLCFull Year Results
Octopus Renewable Infrastructure Trust PLCFull Year Results
RM PLCFull Year Results
S4 Capital PLCFull Year Results
Strix Group PLCFull Year Results
Surgical Innovations Group PLCFull Year Results
tinyBuild IncFull Year Results
UP Global Sourcing Holdings PLCHalf Year Results
Thursday 30 March 
AO World PLCTrading Statement
Aquis Exchange PLCFull Year Results
Arbuthnot Banking Group PLCFull Year Results
BBGI Global Infrastructure SAFull Year Results
Chesnara PLCFull Year Results
Ebiquity PLCFull Year Results
Gattaca PLCHalf Year Results
Gresham House PLCFull Year Results
IGas Energy PLCFull Year Results
Impellam Group PLCFull Year Results
International Public Partnerships LtdFull Year Results
Ithaca Energy PLCFull Year Results
Microlise Group PLCFull Year Results
Moonpig Group PLCTrading Statement
PetroTal CorpFull Year Results
Renalytix PLCHalf Year Results
Revolution Beauty Group PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Supermarket Income REIT PLCHalf Year Results
XLMedia PLCFull Year Results
Friday 31 March 
Bank of Cyprus Holdings PLCFull Year Results
Computacenter PLCFull Year Results
Cooks Coffee Co LtdFull Year Results
Dignity PLCFull Year Results
ECO Animal Health Group PLCTrading Statement
HealthBeacon PLCFull Year Results
James Halstead PLCHalf Year Results
Jaywing PLCTrading Statement
JPMorgan American Investment Trust PLCFull Year Results
Numis Corp PLCTrading Statement
Mothercare PLCTrading Statement
Quarto Group IncFull Year Results
UK Oil & Gas PLCFull Year Results
Vanquis Banking Group PLCFull Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
22 Mar 2023 15:49

UK earnings, trading statements calendar - next 7 days

Thursday 23 March 
C&C Group PLCTrading Statement
Carr's Group PLCFull Year Results
Energean PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Inchcape PLCFull Year Results
Playtech PLCFull Year Results
Pollen Street PLCFull Year Results
Portmeirion Group PLCFull Year Results
Safestyle UK PLCFull Year Results
Wickes Group PLCFull Year Results
Friday 24 March 
Ceres Power Holdings PLCFull Year Results
JD Wetherspoon PLCHalf Year Results
NAHL Group PLCFull Year Results
Smiths Group PLCHalf Year Results
Sopheon PLCFull Year Results
Tribal Group PLCFull Year Results
Monday 27 March 
Aeorema Communications PLCHalf Year Results (TBC)
Belvoir Group PLCFull Year Results
Carnival PLCTrading Statement
CentralNic Group PLCFull Year Results
Crimson Tide PLCFull Year Results
Dialight PLCFull Year Results
eEnergy Group PLCHalf Year Results
Equals Group PLCFull Year Results
Hyve Group PLCTrading Statement
IQGeo Group PLCFull Year Results
Life Science REIT PLCFull Year Results
RTC Group PLCFull Year Results
SigmaRoc PLCFull Year Results
Tandem Group PLCFull Year Results
Thungela Resources LtdFull Year Results
Tortilla Mexican Grill PLCFull Year Results
Tuesday 28 March 
AG Barr PLCFull Year Results
Animalcare Group PLCFull Year Results
Bango PLCTrading Statement
Bellway PLCHalf Year Results
CPPGroup PLCFull Year Results
DigitalBox PLCFull Year Results
EKF Diagnostics Holdings PLCFull Year Results
Eleco PLCFull Year Results
Empresaria Group PLCFull Year Results
Flowtech Fluidpower PLCFull Year Results
Good Energy Group PLCFull Year Results
Impact Healthcare REIT PLCFull Year Results
James Fisher & Sons PLCFull Year Results
John Wood Group PLCFull Year Results
Marlowe PLCTrading Statement
Mortgage Advice Bureau Holdings PLCFull Year Results
Nanoco Group PLCHalf Year Results
Ocado Group PLCTrading Statement
Personal Group Holdings PLCFull Year Results
Petershill Partners PLCFull Year Results
Real Estate Investors PLCFull Year Results
Regional REIT LtdFull Year Results
S&U PLCFull Year Results
Softcat PLCHalf Year Results
Synthomer PLCFull Year Results
Team17 Group PLCFull Year Results
United Utilities Group PLCTrading Statement
VH Global Sustainable Energy Opportunities PLCFull Year Results
Xaar PLCFull Year Results
Wednesday 29 March 
abrdn Smaller Companies Income Trust PLCFull Year Results
Artisanal Spirits Co PLCFull Year Results
Big Technologies PLCFull Year Results
Central Asia Metals PLCFull Year Results
Dignity PLCFull Year Results
Ecora Resources PLCFull Year Results
Essentra PLCFull Year Results
Inspired PLCFull Year Results
Ithaca Energy PLCFull Year Results
Medica Group PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
Next PLCFull Year Results
Octopus Renewable Infrastructure Trust PLCFull Year Results
RM PLCFull Year Results
S4 Capital PLCFull Year Results
Strix Group PLCFull Year Results
Surgical Innovations Group PLCFull Year Results
tinyBuild IncFull Year Results
UP Global Sourcing Holdings PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
23 Jan 2023 17:05

UK stocks rise on boost from consumer firms, miners

Dignity jumps on sweetened buyout

*

Read more
23 Jan 2023 12:55

Top picks for the circular economy transition

STOXX 600 up 0.3%

*

Read more
23 Jan 2023 11:48

ECB needs more than softer headline inflation to pivot - UBS

STOXX 600 up 0.1%

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.