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Telegraph Media Group
by 55 North
Telegraph cuts retail terms
Publisher also decides that from September the percentage terms retailers receivefor handling the publication will be reduced to 20%.
The Daily and Sunday Telegraph has increased its cover prices this week, but will not pay the ‘improved’ margin to independent retailers until the beginning of September.
From Monday, in England, Scotland and Wales the weekday cover price will rise by 30p to £2.80; the Saturday newspaper is going up 50p to £3.50p, and the cost of the Sunday Telegraph will be £3.
The publisher has also decided that from September the percentage terms that retailers receive for handling the publication on weekdays and Saturdays will be reduced to 20%. The margin for handling the Sunday edition will be maintained at 20.5%.
NFRN National President, Narinder Randhawa, welcomed the cover price increases but said: “We are disappointed that, once again, the Telegraph is hitting retailers in their pockets with yet another cut to our percentage trading terms.
“Despite repeated conversations with the Telegraph, we are equally dismayed that any ‘improvements’ to our margin payments are being delayed for six months.”
