Telegraph increases Saturday cover price Print
3rd February 2021
The price of the Saturday edition of the Daily Telegraph is rising by 20p from 5 February, but the publisher will be keeping back the improved retail margin for six months.
Copies in England, Scotland, Wales and Northern Ireland will increase to £3 from this weekend. In the Channel Islands the paper will rise to £3.30p and in the ROI it will cost €3.30.
The Telegraph says the deferred margin is down to the annual payment cycle of subscriptions, which means that any price rises do not immediately transfer to the subscribers. When the increased margin is applied, from 7 August, UK retailers will receive 61.5p for every copy sold.
Print
28th January 2021
Newspaper publisher Reach is to accompany forthcoming price rises on its weekday editions of the Daily Mirror with pro-rata terms.
In a trade notice, the publisher advised that from Monday (1 February), weekday editions of the newspaper would rise by 5p. In England, Wales and Northern Ireland the new price will be 90p, with retailers earning 18p per copy sold. In Scotland, the new cover price will increase to 95p, with stockists getting 19p for each copy they sell.
The move comes just three weeks after Reach increased cover prices on its Daily Express, Daily Star, and Saturday editions of the Daily Mirror, but cut the terms that retailers receive to 20%.
NFRN Covid-19 Hardship Fund pays out over £100,000 Print
The NFRN has paid out nearly £125,000 to cash-strapped members from its Covid-19 Hardship Fund.
The Hardship Fund, which was created in April, helps alleviate some of the financial pressures that independent retailers are facing due to the coronavirus pandemic. It offers financial assistance in the form of a grant to members suffering cash flow and other financial challenges.
NFRN national president, Stuart Reddish, said: “While some members have seen a dramatic increase in their sales and profits during the coronavirus pandemic, others have had their footfall completely decimated due to their location or personal circumstances.
Trade associations representing independent retailers have welcomed the announcement that frontline shopworkers could be some of the first people to be vaccinated in the next stage of the coronavirus vaccination programme. Health secretary, Matt Hancock, yesterday (12 January) told parliament that ministers are “looking very carefully at those professions that will need to be prioritised in phase two of the prioritisation programme . We’ll look at of course teachers and police and others, but also
NFRN chief operating officer announces departure Print
18th December 2020
The NFRN has announced that Greg Deacon has left his role as chief operating officer (COO) at the trade association.
Deacon, who has held the position since September 2019, leaves with “the best wishes of the National Executive Committee”.
National president Stuart Reddish, vice-president Muntazir Dipoti and deputy vice-president Jason Birks will look after Deacon’s duties in the interim.
Announcing the move, Reddish said: “We are grateful to Greg for his hard work over the past 15 months.
“He has helped the NFRN forge closer links with suppliers, assisting in the introduction of new deals and activity to help independent retailers make money, save money and find easier ways to do business.”