Home Business News Ocado shares hit by news of delivery charge

Ocado shares hit by news of delivery charge

by LLB Editor
29th Jun 20 10:27 am

Online grocer Ocado has now dropped to the bottom of the FTSE 100 leaderboard, down 2.6% at £19.80.

This follows a report that Internet shoppers could be hit by a compulsory delivery charge as part of a campaign to cut congestion and toxic emissions.

The Times reported that, “The government is considering a range of measures to reduce the damaging impact of the e-commerce boom, which has led to a rise in delivery vans on British roads.

“A report from the Department for Transport’s scientific advisers recommended a “mandatory charge”, similar to that imposed for plastic bags, on all Amazon-style consumer deliveries.”

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