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The Royal Mint has launched a coin to mark the handover of the Olympic Games from Beijing to London. The £2 coin was presented by Boris Johnson to the Mayor of Beijing Guo Jinlong on Sunday. The design shows two hands passing the Olympic flag encircled by the words Beijing 2008 and London 2012. It is the first legal tender UK coin to display the Olympic emblem.

The online ticket company Xclusive Tickets is about to go into liquidation. Around 4,329 people who brought tickets from the company are likely to be left out of pocket. However, those who paid by credit card should get a refund. The company hit problems after 18,000 tickets for the Reading, Leeds and V Festivals and the Beijing Olympics did not arrive. A creditors meeting has been called for next month and a helpline will be set up offering advice and information for customer.

Boots has opened its first drive through chemist on the site of a former McDonald's outlet. The chemist aims to fill prescriptions in under two minutes whilst customers wait at the window. It is targeting busy mothers and commuters who need to pick up their drugs quickly. Whilst drive through chemists are common in the US, they are relatively new here in the UK. This branch in Colchester will run as a pilot. If it is successful Boots are likely to  open other branches across the UK.

This article suggests that customers are losing out as some supermarket brands are reducing the pack size but are still charging the same price. Effectively this tactic means customers are paying more for their goods without realising it. Many brands are reluctant to put up prices but instead appear to using this rather underhand method to protect their profits. Some examples include Pampers which have reduced the amount of nappies in some packs whilst keeping the price the same. Dairylea, Pringles, Strongbow and Rolo has all also cut pack sizes without cutting prices.

A Government advisor has said that fatty foods should carry health warnings. Professor David Hunter has said that the NHS could become unaffordable within decades because of the cost of treating conditions linked to obesity. He said that ministers should force manufacturers put warnings on food which contain high amounts of fat, sugar or salt. He also said that warning labels could help to phase unhealthy foods and eventually lead to their withdrawal from the supermarket shelf. Its an interesting idea but personally if I saw a warning on a big chocolate cake, I would still buy the cake. I know it might not be very good for me but I will be off to the gym to work it off after I have eaten it.

According to this article food prices have risen by 9.5% in the last year. The increase is the highest for 15 years and is despite the fact that the main supermarkets claim they have been making cuts. The figure for fresh food is up by 10.8% for the last year according to the British Retail Consortium. The increasing cost of food, fuel, gas and electricity is currently outpacing salary rises and means that many families are having to cut back just to afford the essentials.

Morrisons have cut the price of petrol by 2p in the latest round of the supermarket price wars. Oil prices have recently fallen but oil giants have been criticised for falling to pass on the savings to the consumer. Price reductions can often take weeks to filter through but any cuts should in the wholesale price should reach the pumps within days. However, it appears only the supermarkets are passing on the bulk of these reductions. Morrisons have cut their price by 2p off a litre of diesel and unleaded with Asda saying it will do the same. Tesco have also said it will match the lowest local petrol price at its forecourts.