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The Latest Breaking News from Sainsbury

Tesco among retailers to warn job losses ‘inevitable’ after Labour Budget tax hikes

THE UK's biggest retailers have warned the Chancellor that jobs will be cut and prices will have to rise as they face a more-than-£7 billion hit…

The National (Scotland)

Britain’s biggest retailers say job losses ‘inevitable’ after Budget tax hikes

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have raised their concerns in a letter to Rachel Reeves.

Evening Standard

UK retail bosses warn of ‘inevitable’ job losses amid Budget changes

More than 70 businesses including Tesco, Asda and Sainsbury’s voiced their concerns in an open letter to Chancellor Rachel Reeves.

Evening Standard

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Taxing times for wine lovers

Alcohol duty and how it affects the way wines taste – and are made

The Guardian - UK

Homebase has collapsed into administration leaving 2,000 jobs at risk - this is what the news means for shoppers

The future of 49 Homebase stores are unclear

Ideal Home

Best Christmas desserts to shop from supermarkets in 2024, taste tested

Great, British Yuletide puddings which promise to end festive celebrations on a sweet note

Evening Standard

Homebase collapses into administration with thousands of jobs at risk

Future of 2,000 staff remains unclear despite the bulk of stores being bought by the homeware retailer The Range

The Guardian - UK

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Dinner party despair as strike in taramasalata factory leads to dip in supply

Waitrose, M&S, Sainsbury’s and Tesco all sold out of ultimate dinner party starter, taramasalata

The Independent UK

Grocery inflation rises again as household supermarket trips hit four-year high

Supermarket prices were 2.3% higher than a year ago in October, up slightly on September’s 2% increase, Kantar said.

Evening Standard

Grocery inflation rises as supermarket trips hit four-year high

Households are already stocking up for Christmas

The Independent UK

Why do Londoners eat so much cucumber? What your borough orders the most on Deliveroo

Whole cucumbers, white wine and kimchi. Here’s what your London borough orders the most via Deliveroo groceries

Evening Standard

NICs rise will force businesses to close, warn hospitality bosses

More than 200 leading restaurant, pub and hotel companies say tax rises will cause ‘unprecedented damage’

The Guardian - UK

The best Christmas ads of 2024, ranked: from John Lewis to Coca Cola, who comes out on top?

Let the battle of the festive ads begin

Evening Standard

Asda boss warns of £100m hit from ‘big burden’ Labour Budget

Asda’s chairman said he would try not to pass extra costs on to consumers, but ‘you can’t deny it will probably be inflationary to some degree’.

Evening Standard

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Evening Standard

FTSE 100 Live 08 November: British Airways owner IAG soars on results beat, retail stocks struggle

IAG shares soared in the FTSE 100 index today after the British Airways owner reported a bumper summer.

The Independent UK

Pound gains on the dollar after Bank of England caution on future rate cuts

Sterling had fallen against the dollar in the wake of Donald Trump’s US election win earlier in the week.

The Guardian - UK

Sainsbury’s boosted by return to the office but warns of price rises

Profits are up 4.7% but extra £140m on national insurance bill could mean more expensive groceries

Evening Standard

BT reveals prices will be reviewed under efforts to offset £100m Budget blow

The group joins the likes of Sainsbury’s, Marks & Spencer and Primark owner Associated British Foods in revealing soaring costs from Budget measures.

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news in one place.

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The Independent UK

Sainsbury’s boss: Budget-hit businesses will mean higher inflation for shoppers

Britain’s second-largest supermarket firm said changes to national insurance rules will add £140m to its costs

Evening Standard

Sainsbury’s boss: Barrage of costs from Budget will lead to higher inflation

The UK’s second largest supermarket firm said changes to national insurance rules will lead to a £140 million cost increase.

Evening Standard

Sainsbury's boss warns "unexpected and very significant" NI hike will increase inflation

NI hike will cost Britain’s second biggest supermarket £140 million next year

The Independent UK

Sainsbury’s expects ‘strong’ Christmas after sales accelerate

The retailer said it was boosted by strong sales of its Taste the Difference premium range and its Nectar membership pricing.

Evening Standard

FTSE 100 Live 07 November: Interest rates set to fall, BT and ITV shares under pressure

Interest rate decisions and a packed diary of corporate results mean another hectic session in financial markets.

Evening Standard

Best reward credit cards in the UK right now - and their rewards and benefits explained

From cashback to free flights, the cards that will make everyday spending work for you

The Guardian - UK

Cost increases for shops and pubs are real and large. Pity the small operators

M&S will pay an extra £60m in employer national insurance next year, but it can cope. Smaller firms may not

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