Tesco ’s like-for-like sales, excluding VAT and fuel, rose 3.1 percent in the 19 weeks to January 4, helping the company to ...
BRITAIN’S biggest retailers have demanded the Chancellor reduce inflation risks by easing cost pressures and outlining a plan for growth. Tesco and Marks & Spencer both yesterday confirmed ...
UK retailers are preparing to grapple with a projected £7bn ($8.59bn) surge in costs in 2025 due to the budget's impact, ...
The Centre for Retail Research estimate around 170,000 jobs were lost in the UK’s retail sector in 2024. This was the highest ...
The retailer has already revealed it will be facing a £120 million hit to its wage bill from recent Budget measures, and ...
Britain's biggest retailer Tesco on Thursday reported record sales for the key Christmas season but shares in the supermarket and wider retail sector slid on concerns for the UK economy.
Food prices are set to rise by an average of 4.2% in the latter half of the year, which will hit the poorest households the ...
British Retail Consortium (BRC) chief executive Helen Dickinson warned retailers are looking to mitigate higher employer ...
Shares plunged as boss Stuart Machin also cautioned of an ‘uncertain’ economic picture, taking the shine off bumper Christmas trading.
UK retailers are bracing for a significant cost increase in 2025, estimated at £7bn, due to higher employer national ...
There is "little hope" of food prices "going anywhere but up" in the second half of 2025 due to changes announced in the ...
Shares in major British retailers fell on Thursday after trading updates covering the Christmas period mostly failed to live ...