Consultation

The UK financial regulator has confirmed plans for a sweeping overhaul aimed at stopping financial firms mistreating consumers and to ensure, among a raft of other measures, that companies are not able to leave existing customers languishing on poor deals while new ones are offered the best rates.

Morrisons is raising the price of a reusable plastic bag from 10p to 15p and introducing a 20p reusable paper bag, as part of an eight-week trial across eight stores.

The Government has announced plans to increase the minimum 5p charge for buying a plastic bag in England to 10p and extend it to all retailers, in a bid to cut plastic use.