Business
Social supermarket ‘helps me to afford Christmas’
BBCA customer of a social supermarket has said she “can afford a few extras for Christmas” thanks to the money she saves there on her weekly groceries.
Yazz Gough, who goes to the Re:dish Good Stuff in the Reddish area of Stockport, Greater Manchester, said: “I save a fortune because I’ve got two teenage kids at home who never stop eating!”
The 56-year old said: “I buy a lot of the fresh fruit and vegetables to make things like apple strudels, chips or shepherd’s pie, so it has cut the cost of my midweek shop.”
Red:ish Good Stuff – open twice a week and funded by Stockport Council and local businesses including Vernon Building Society – charges customers £4 a week. So far it has about 330 members.
The social supermarket opened in June 2024 to offer low-cost, good quality, fresh and healthy food to people in Reddish, Heaton Norris and Heaton Chapel who are struggling with the cost of their weekly groceries.
Social supermarkets typically operate on a membership model.
It costs £5 to become a member of the Re:dish Good Stuff and £4 for each visit.
Members can choose one item from each table/freezer/area plus several items of fruit and vegetables.
The charity collects surplus food from large supermarkets and wholesalers which would otherwise go to waste.
For example, they sell excess seasonal goods like ice cream, which supermarkets struggle to sell in cold weather.
The choice of household groceries varies each week, depending upon what is available.
Re:dish’s CEO Lynn Brandwood said: “The main difference between us and a food bank is that there’s no referral needed, so it’s open to everybody in the community.
“You get shown around by a personal shopper so you get the chance for a chat and the savings mean there’s money for rent, bills, Christmas presents or a night out.”
Social supermarkets typically place an emphasis on fresh fruit and vegetables, as well as frozen items which can be used to create a meal.
Sue Bredbury, from Reddish, said: “I picked up luxury items like strawberries and ice cream today but getting the vegetables here really means I can save money.”
The 63-year-old added: “Being able to come here and pay £4 to get the bulk of the week’s shopping is amazing.”
Re:dish Good Stuff store also stocks seasonal items like Christmas crackers.
Mandy Carter, also from Reddish, told BBC Radio Manchester: “Each week is different, so it could be potatoes, onions, tomatoes and carrots to help make things like soup.”
The 69-year-old added: “It helps me out a lot, so I’m not worried about putting on the central heating to keep the house warm and I live quite well.”
Motorists are facing higher fuel prices ahead of Easter break due to the conflict in the Middle East, the RAC says.
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E-cheques coming soon? RBI unveils Payments Vision 2028, plans wider oversight of digital players – The Times of India
The Reserve Bank of India (RBI) on Friday unveiled its ‘Payments Vision 2028’ document, outlining a roadmap that includes exploring electronic cheques, expanding regulatory oversight to digital platforms, and strengthening safeguards in the fast-growing payments ecosystem, PTI reported.The central bank said it will examine the introduction of e-cheques to combine the advantages of paper instruments with the speed and reliability of digital payments. “To leverage the unique benefits of paper-based instruments and the speed and reliability of electronic payments, and cater to new business use cases, the introduction of electronic cheques in India shall be explored,” the RBI said.Alongside, the RBI is considering widening the regulatory ambit to include entities such as e-commerce marketplaces and centralised platforms that play a growing role in facilitating digital transactions.“In addition, e-commerce marketplaces and centralized platforms have been assuming significant responsibilities that could have implications on the orderly functioning of the payments ecosystem. These aspects shall be examined in detail and, if required, the scope of direct regulations shall be extended to cover such entities,” the document said.The vision document also proposes allowing users to enable or disable transactions across digital payment modes, similar to controls available for card transactions.To address fraud risks, the RBI is exploring a “shared responsibility framework” under which both the issuing bank and the beneficiary bank would share liability in cases of unauthorised digital transactions.The central bank also plans to review cheque design and security features, introduce a Domestic Legal Entity Identifier (DLEI) framework for better transaction traceability, and bring in a Cyber Key Risk Indicators (KRI) framework for non-bank payment system operators.Other initiatives include exploring white-label solutions in the Aadhaar Enabled Payment System (AePS), developing interoperability in the Trade Receivables e-Discounting System (TReDS), and introducing a ‘Payments Switching Service’ to ease customer migration across platforms.The RBI said it will also review the cross-border payments ecosystem to improve efficiency and streamline authorisation processes, alongside publishing periodic reports on global and domestic payment trends.Additionally, the central bank aims to enhance access to payment data and reimagine the card payments ecosystem by promoting secure tokenisation, improved transparency in pricing, and greater choice for users and merchants.
Hyderabad: Pharma player Hetero on Friday said it has rolled out exports of its generic semaglutide injection portfolio as part of a multi-year plan to widen access to treatments for type 2 diabetes and obesity in more than 75 countries.The Hyderabad-based pharmaceutical company said initial rollouts are under way in Africa, Asia and the Middle East, with additional launches planned in other markets subject to regulatory approvals.The injectable therapies will be sold under the brand names Truglyx, Rolmodl and Moto G. Semaglutide belongs to the GLP-1 class of medicines, which are used in diabetes care and weight management.Hetero said the export launch is part of its broader strategy to improve access to advanced cardio-metabolic therapies, particularly in emerging markets.The company said the products will be offered in multi-dose disposable pen devices designed in line with innovator formats and will be available in several strengths, including 0.25 mg, 0.5 mg, 1 mg, 2 mg, 1.7 mg and 2.4 mg, allowing dosing flexibility for both diabetes and obesity treatment.Hetero said it is also awaiting approval from India’s Central Drugs Standard Control Organisation (CDSCO) after completing clinical trials in type 2 diabetes and obesity and plans an India launch after regulatory clearance.Hetero managing director Dr Vamsi Krishna Bandi said the company aims to provide high-quality, affordable generic semaglutide through a single global product platform backed by its manufacturing and development capabilities.He said Hetero would use its commercial networks across Asia, the Middle East, Africa and Latin America to support supply and access. The Hyderabad-headquartered Hetero operates in more than 145 countries and employs over 30,000 people.
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