«In genuinely difficult times for the dairy farming and milk processing sectors in Britain, Dairy Crest Group has, in our view, shown tremendous commercial statesmanship in deferring the time for which an announced 1.65 p /
litre price cut is due to be implemented by two months,» said Black.
Not exact matches
The central government had
cut excise duty by Rs 2 per
litre in October 2017, when petrol
price reached Rs 70.88 per
litre in Delhi and diesel Rs 59.14.
The grocery giant announced it would be
cutting the
price of its four - pint (2.27
litres) milk bottles by an unprecedented 39p, from # 1.39 to # 1.
The deal will also be more lucrative for Coles, which threw the industry into a spin when it
cut the
price of private label milk to $ 1 a
litre in 2011.
Wiseman, which said lower bulk cream sales forced it to
cut down its 0.5 p per
litre premium paid to producers in March, re-iterated that it paid as - good - a
price as competition would allow.
The company, Britain's largest retailer, announced earlier this week that it was
cutting the
price of a four pint (2.27
litres) bottle of milk from # 1.39 ($ 2.32, $ 1.69) to # 1 ($ 1.67, $ 1.22) as part of drive to reduce the amount paid by consumers for staples.
Brokers say Metcash's IGA retailers have lost market share to the major chains, which have been offering targeted petrol discounts as high as 45 cents a
litre and
cutting the
price of groceries.
Osborne
cut 1p from fuel duty in the March 2011 budget, but the total tax take, including VAT, accounts for around 60 % of the average 133.25 p
price of a
litre of unleaded petrol.
«What the government can do, in the short term, is some of the things we have been doing - like
cutting income tax for 25 million taxpayers by increasing the tax free personal allowances, keeping mortgage rates low and keeping fuel
prices down by taking 20p a
litre off (of) what Labour were planning.»
More efficient and safer but less powerful and slower to 100km / h than the model it replaces, the new A6 allroad benefits from a $ 6000
price cut and is propelled by an upgraded 3.0 -
litre turbo - diesel V6 that consumes 5.6 L / 100 km — down from 6.3 L / 100 km.