answer text |
<p>The Competition and Markets Authority continues to monitor the funerals market
following its recent investigation, publishing annual reviews on developments in the
market. The first review, published in January 2023, set out evidence that since the
introduction of transparency rules (part of the Competition and Markets Authority’s
<a href="https://www.gov.uk/government/publications/funerals-market-investigation-order-2021"
target="_blank">Funerals Market Investigation Order 2021</a>) funeral prices are
flat after many years of real-terms rises. This means that costs paid by UK consumers
for funeral services are likely to be lower as a result of the Competition and Markets
Authority’s intervention.</p><p>The Competition and Markets Authority will continue
its work to ensure that all consumers are able to benefit from the measures introduced
in the Order and it has the information required to monitor consumer outcomes.</p><p>Additionally,
the Government helps with the cost of funeral services for many bereaved families
through the Funeral Expenses Payment scheme and the Children’s Funeral Fund.</p>
|
|