UK: The funeral business must be dragged out of the dark ages

Competition probe into the sector should address price rises but also much more, says Poppy Mardall writing for the Financial Times,

wicker casket coffin lowering green natural 320pxThe recent announcement that the UK Competition and Markets Authority has launched a full-scale investigation into the funeral sector is both excellent news for the bereaved (that’s all of us) and long overdue.

The watchdog is rightly alarmed by much of what passes for normal in the funeral industry: 6 per cent year on year increases in funeral costs for 14 years in a row — twice the inflation rate — which pushed the UK national average to £4,271 in 2018. The CMA is also concerned about the vulnerability of consumers facing this non-negotiable “distress purchase”.

Read Poppy's full story

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