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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 and Marks & Spencer have hinted at price rises,

City A.M. · 1d

Sainsbury’s: FTSE 100 retailer warns Reeves’ budget may push up food prices

Sainsbury's profit has halved due to the cost of restructuring its financial services arm, despite strong supermarket sales.

The Mirror · 1d

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

The Financial Times · 1d

Sainsbury’s boss warns of higher prices after Budget

He said Sainsbury’s “will be looking to do everything we can to mitigate the impact” of UK chancellor Rachel Reeves’ changes but they will be “inflationary” given supermarkets’ razor-thin profit margins of about 3 per cent and Sainsbury’s annual tax bill of almost £1bn before the Budget changes.

13h

Sainsbury's to shut nine more Argos stores as it issues major update

Sainsbury's has confirmed plans to shut more standalone Argos stores in a major blow for shoppers. The supermarket chain, ...

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 ...

13h

Asda, Primark, Sainsbury’s and M&S bosses issue urgent warning for shoppers as there’s ‘no magic money tree’

BOSSES of major retailers including Asda, Primark, Sainsbury’s and M&S have issued an urgent price rise warning. Shoppers ...

Marketing Week11h

Sainsbury’s Christmas ad an early favourite among consumers, data suggests

Christmas ads featuring colourful characters, whether its the childhood favourite BFG or brand mascot Kevin the Carrot, ...

1don MSN

UK's Sainsbury's expects full year profit growth of up to 10%

By James Davey LONDON (Reuters) -British supermarket group Sainsbury's stuck to its full-year forecast of up to 10% profit ...

The Sun15h

Sainsbury’s issues major update on Argos store closure plans as nine more branches to disappear from the high street

SAINSBURY'S has issued a major update regarding the closure of more Argos stores. The supermarket chain, which owns Argos, plans to shut nine more standalone locations in the upcoming financial year ...

UK's Sainsbury's Warns Budget Tax Rises Will Be Inflationary

LONDON (Reuters) - British supermarket group Sainsbury's on Thursday kept its forecast for full-year profit as it reported a 3.7% rise for the first half, with robust grocery sales offset by a weaker ...

15h

Best Ads of the Week: Sainsbury’s whimsical Xmas ad & an anti-hate hummus billboard

There’s also Shelter’s heart-wrenching look at childhood homelessness and Harvey Nichols’s darkly charming Tim ...

Wales Online on MSN2d

Sainsbury's shoppers 'can't wait' to wear 'vintage' Christmas jumper - you can get it for £7

One retailer that consistently delivers on its seasonal jumper range is supermarket giant Sainsbury's. And despite having launched only recently, its Christmas-themed knitwear is already receiving a ...

GlobalData on MSN17h

Sainsbury’s total retail sales growth reaches 3.1% in H1 2024/25

British supermarket chain Sainsbury’s has reported total retail sales of £16.29bn ($21.08bn) in the first half (H1) of fiscal ...

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