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Aldi and Lidl to face to same rules as rival supermarkets in crackdown
The CMA said it will designate Aldi, Lidl GB and Lidl NI as ‘large grocery retailers’ under current industry rules
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UK gender pay gap declines as more workers in low-paid jobs
The Office for National Statistics found the gender pay gap for full-time employees was 6.8% in April.
Sainsbury’s boss delivers tax warning to government ahead of Budget
Sainsbury’s said it saw shoppers buying greater volumes of products this year
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Do not repeat tax increases at Budget, Sainsbury’s boss urges Chancellor
It came as Simon Roberts warned ‘many households are finding things tough at the moment’ amid pressure on consumer budgets.
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Sainsbury’s improves profit outlook as grocery sales grow
But boss Simon Roberts stressed that ‘many households are finding things tough at the moment’ amid pressure on consumer budgets.
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National Express owner in talks over £282m takeover deal
Mobico shares jumped by around 33% to 39.5p after the talks were confirmed on Wednesday morning.
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Halfords sales jump after warm weather boosts summer trading
Nevertheless, shares in the company dropped on Wednesday morning.
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Domino’s sales growth slows despite strong demand for thinner pizzas
Boss Nicola Frampton told investors that it was a ‘strong performance’ but recognised that there is ‘a lot of work still to be done’.
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Government borrowing rises above forecasts to £24.5bn ahead of Budget
The Office for National Statistics (ONS) reported that public sector net borrowing rose by £1.8 billion to £24.5 billion for September.
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Budget tax hikes for financial sector would be ‘own goal’, says CBI
Rain Newton-Smith, chief executive of the major business group, will call on Chancellor John Healey to give ‘business breathing space’.
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Amazon to create 30,000 jobs for young people to solve Neets crisis
Andy Burnham warned that the UK faces an ‘economic catastrophe and moral failure’ due to the levels of young people not in education, employment or training
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Paddy Power owner Flutter unveils cuts to 1,400 jobs after UK gaming tax hike
Gambling giant Flutter said the proposed cuts will impact workers in Leeds and Dublin - as well as UK staff based in Portugal and Romania
Thames Water lenders to appoint Lord Hutton as independent chair in takeover bid
The former business secretary would take up the role if the group’s rescue bid is given approval.
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Wickes reveals faster sales growth amid ‘mild’ price inflation
Chief executive David Wood said the group is on track to meet profit guidance for the year.
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Mulberry sales lift 18% as turnaround progress accelerates
Boss Andrea Baldo said he was ‘very pleased’ with recent progress by the business.
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UK profit warnings jump to highest since 2024 ahead of Budget
EY’s latest profit warning report showed that 65 UK-listed companies warned over profits in the three months to the end of September.
UK profit warnings soar to two year high ahead of autumn Budget
Almost a fifth of list companies, 17 per cent, have issued at least one profit warning over the past 12 months
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Sainsbury’s strategy in focus after reports over Morrisons talks
The UK’s second-largest supermarket group will shed light on its latest performance and strategy on Thursday.
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Sainsbury’s strategy in focus after reports over Morrisons talks
The UK’s second-largest supermarket group will shed light on its latest performance and strategy next week
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Telegraph takeover by UAE-backed group would have risked press freedom – Ofcom
However, IMI said it ‘completely rejects’ Ofcom’s report, suggesting that Ofcom ‘failed’ to assess IMI as a commercial media company.
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