Competition watchdog to investigate funeral sector as prices escalate

Cost has increased by 6% each year – twice the inflation rate – for past 14 years, says CMA

Britain’s competition watchdog is launching an investigation into the funeral market after it found the cost of organising one increased by 6% each year – twice the inflation rate – for the past 14 years.

The Competition and Markets Authority (CMA) said funerals typically cost between £3,000 and £5,000. It accused some funeral directors of taking advantage by charging high prices at a time when its customers were vulnerable.

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From our friends over at the : Business | The Guardian

 

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