Sainsbury’s and Tesco Warn of Potential Price Increases Due to Unexpected Tax Changes
Sainsbury's CEO Simon Roberts has criticized the chancellor for introducing unexpected £25bn tax changes, specifically the increase in employer...
price increases
Post-Budget Price Hikes and Declining Business Confidence
UK businesses plan to raise prices amidst falling confidence levels, according to the British Chambers of Commerce's latest survey....
Morrisons CEO Calls for Staggered Implementation of Budget Costs on Labour Government
Morrisons CEO Rami Baitieh has urged Labour to reconsider its "avalanche" of Budget business costs, warning they could lead...
Sainsbury’s CEO Warns of Price Hikes Due to National Insurance Increase
Sainsbury's CEO Simon Roberts warns of potential price hikes due to the government's decision to increase National Insurance Contributions,...
Primark Launches Click and Collect Service Amid Soaring Profits
**Lead:** Primark is revolutionizing the shopping experience by introducing a new click and collect service across all its British...
UK Retailers’ Financial Updates and Expansion Plans
Asos delays FY23 results until November 1st due to auditor PwC's ongoing testing, but reports strong performance up to...
ScS Reports Minor Sales Dip, Maintains Optimism Amid Economic Challenges
In a recent announcement, ScS revealed its sales were just 0.4% lower than the previous year, ending FY23 with...
Primark Sales Surge 43% in FY22 Amid Pandemic Recovery
In a recent announcement, Associated British Foods revealed that Primark's total sales skyrocketed by 43% to £7.7bn in FY22...
Primark Owner ABF Warns of Lower Profits Amid Inflation and Energy Costs
In a recent announcement, Associated British Foods (ABF), Primark's owner, warns of lower profits for the next fiscal year...
Chapel Down’s H1 Revenues Meet Expectations Amid Expansion Plans and Strong Sparkling Wine Sales
English wine maker Chapel Down, near Tenterden, Kent, reports meeting H1 revenue expectations and plans to double in size...