An article in The Times newspaper states that ‘the funeral provider Dignity has warned that profits will fall short of forecasts this year because fewer people are dying. Britain’s only listed funerals chain said that underlying earnings dropped 42 per cent in the first three months of this year to £21.7 million after a 12 per cent fall in the death rate.’
The article goes on to say that ‘the Competition and Markets Authority launched an inquiry in June into the £2 billion-a-year industry amid claims that families were being overcharged by greedy operators.’
Using an independent Funeral Director such as Wells Funeral Services ensures that you’re not paying to make up the profit margins of these large greedy companies - you get all-round better price quality and service too!
The full article can be read here.