Sainsbury's and BT warn of price hikes from UK budget
Two of Britain's biggest businesses, BT and Sainsbury's, said tax changes in last week's budget would fuel inflation, a view already playing into the Bank of England's longer term interest rate plans.
Sainsbury's boss warns 'barrage of costs' in Budget means it will be raising food prices
Sainsbury's boss Simon Roberts has ramped up pressure on Chancellor Rachel Reeves by warned customers will be hit by higher inflation because of extra costs, including the national insurance hike in t
Sainsbury's and M&S warn Budget may push up prices
Shoppers could face higher prices as a growing number of big British firms warn about the cost of the National Insurance (NI) tax rises on employers announced in last week's Budget. Sainsbury's, Marks & Spencer and BT have all hinted at price rises,
UK's Sainsbury's warns budget tax rises will be inflationary
The boss of British supermarket Sainsbury's said changes to national insurance made by the government in last week's budget will add 140 million pounds ($181 million) to its tax bill next year and warned the move would be inflationary.
Sainsbury's customers face higher prices after 'unexpected' tax raid in Budget costs supermarket £140m
Sainsbury's has warned that shoppers will face higher prices due to "unexpected and very significant" tax changes announced in last week's Budget. Simon Roberts, the chief executive said the supermarket chain cannot absorb the impact of increased employer National Insurance contributions,
Sainsbury’s Backs Guidance on Grocery Boost, Improving Argos Sales
J Sainsbury reiterated its full-year outlook after grocery sales rose, saying weaker sales at its Argos retail business ...
Reeves putting Britain’s food security at risk, warns Sainsbury’s
Sainsbury’s is facing a “barrage of costs” that will force it to raise prices, its chief executive has warned, as the ...
Sainsbury’s discontinues breakfast must-have leaving shoppers paying MORE and threatening to go to Aldi
SAINSBURY’S has discontinued a popular breakfast item, leaving shoppers devastated and paying more at the till. Eagle-eyed customers have noticed the supermarket has axed its two-litre ...
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Sainsbury’s Backs Guidance on Hopes of Argos Sales Rebound
J Sainsbury reiterated its guidance for the full year, supported by grocery sales growth and an expected recovery in its ...
Sainsbury's provides more food for thought on interest rates
The announcement earlier today of another cut taking UK interest rates to 4.75% has come as Sainsbury's followed in the steps of fellow retailer Marks & Spencer with a warning of higher prices to come ...
Britain’s Sainsbury’s extends Aldi price match scheme to convenience stores
Sainsbury’s said it has become the first UK supermarket group to extend a scheme matching the prices of German-owned ...
Sainsbury’s shares down after H1 profit misses estimates
Sainsbury’s grocery segment showed resilience, with a 9% year-on-year increase in profit before central group costs, and a ...
Higher employers' national insurance contributions to cost Sainsbury's £140m and cause inflation to rise - CEO Simon Roberts says
It's "too early to be specific" about the impact on Sainsbury's workforce but "difficult decisions" will have to be made in ...
Britain's Sainsbury's keeps profit outlook after first half rise
British supermarket group Sainsbury's on Thursday kept its forecast for full-year profit growth of up to 10% as it reported a 3.7% rise for the first half, with robust grocery sales offset by a weaker ...
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Sell your motor in Sainsbury's supermarket car park under plan for Derbyshire town
Supermarket giant Sainsbury’s is seeking planning permission to install a retail pod in the car park of a Derbyshire store.
Sainsbury's scraps popular item with shoppers rushing to 'buy two'
Sainsbury's, which is rivalled by the likes of Tesco, Morrisons, Asda and more, has sparked customer outrage after axing its ...