Latest Finance news and the economy of France
COMPANIES: More than 2,000 jobs are threatened by the receivership of Go Sport France and its parent company In early February, the Go Sport France brand was placed in receivership two weeks after its parent company, the Go Sport Group, which also owns Gap France. The two companies, which belong to Bordeaux businessman Michel Ohayon, are currently looking for a […]
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RETAIL: The company, Kookaï, sees it as “an opportunity to bounce back and improve its financial situation” It is “not an end in itself”, assures the sign. This Wednesday, Kookaï announced its placement in receivership due “to the economic difficulties encountered by the ready-to-wear sector in Europe, which the Covid-19 crisis has only accentuated”, according to a press release from the […]
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CRISIS: The British Civil Aviation Authority has asked passengers who have booked a flight on Flybe not to come to the airport The British airline Flybe announced on Saturday that it had ceased operations and cancelled all its flights. “We are sad to report that Flybe has been placed in (judicial) administration,” the company tweeted. “Flybe […]
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BREAD ON THE BOARD: The executive has announced new measures to support businesses in difficulty, but the opposition accuses the government of “letting bakers die” Many bakers have denounced in recent weeks soaring prices, and in particular the increase in their energy bills, which threaten them with bankruptcy. Faced with anger, the government announced several aids […]
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BOOST: The Prime Minister, Élisabeth Borne, announced in early December the replacement of the rebate on fuel by an indemnity of 100 euros reserved for the 10 million most modest workers. From the 16th of January, beneficiaries of the new fuel allowance of 100 euros, replacing the general rebate which ended on the 31st of December, will […]
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PURCHASING POWER: Over one year, inflation continued to be driven by the rise in energy prices, which jumped by 15.1%, and that of food products, up very sharply by 12.1% In France, the rise in inflation slowed in December to 5.9% over one year, against 6.2% in November, according to the provisional estimate communicated by INSEE on Wednesday. A temporary […]
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INFLATION: Difficult for producers to cope with the increase in costs, which is added to a drop in yield due to the drought In France, consumers are faced with several price increases, whether for energy bills or everyday products. One of them is no exception to the rule: the potato. The price of this vegetable could soon increase. In question: the drought, which […]
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PRICE INCREASE: The electricity bill for this craftsman rose to 12,000 euros in December, against 1,800 euros before the crisis A baker from Rieux ( Oise ) demonstrated on a roundabout in Villers-Saint-Paul on Monday. His goal? Alert on soaring energy prices which threatens its trade, reports France 3 Hauts-de-France . In December, his electricity bill doubled. While it was 1,800 euros before the crisis and then 6,000 euros […]
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FINANCIAL AID: Elisabeth Borne wanted bakers to also be able to “spread out” the energy bills for the first months of the year A little respite for bakers hit hard by rising energy prices. Elisabeth Borne announced on Tuesday that they will be able to “request the deferral of the payment of their taxes and social security contributions” to […]
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FUELS: Public aid of 100 euros, intended for the most modest transported workers, will be available on 16th January As announced for several months, the rebates on fuel prices from the government and TotalEnergies will end on December 31 at midnight. The price of petrol and diesel will therefore increase mechanically in service stations, reports BFMTV. Concretely, from the 1st January 2023, […]
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