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Wednesday, February 1, 2023

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Confcommercio launches ‘Featured bills’

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Euro splash, now worth less than a dollar (ANSA)

“A major transparency operation at national level to show citizens and patrons of bars and restaurants in what dramatic situation companies are forced to operate”. This is “Featured bills”: in the coming days, the managers of public establishments associated with Fipe-Confcommercio will receive a frame to hang on their premises, to display the latest gas and electricity bills. “Monstre bills, tripled compared to a year ago due to the surge in gas prices.
A situation that – it is emphasized – is forcing merchants to have to choose between price increases, so far very modest, and the suspension of activity pending a decisive intervention by the government “.

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In the meantime, the ‘Don’t pay UK’ protest has started in Great Britain, the initiative that has already collected 113,637 adhesions from British people on its website who intend to stop paying their energy bills. The idea – it is explained on the website – is to reach 1 million adhesions and a large event, a march, to be done before 1 October when a wave of further increases will be triggered.
At the beginning of the month, the Bank of England revised its estimates for inflation in the United Kingdom, making them rise, by the end of 2022, to 13%. Inflation rose above estimates to 10.1% in July.

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Source: Ansa

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