Sainsbury’s response has been to focus heavily on its food, which accounts for about three-quarters of its business, and it said it has spent £780m over the past three years on keeping prices low, including promotions such as Nectar prices and price-matching budget chain Aldi.
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Energy bills predicted to fall from July by nearly £450
admin, , Business, 0
Ofgem’s current cap for an average household is £3,280, but consumers aren’t directly affected by it because the government’s...
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Sports Direct founder Mike Ashley to quit Frasers’ board
admin, , Business, 0
Later that year, his public profile increased when he bought majority control of Newcastle United. However, his tenure was...
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Meta fires staff for buying toothpaste, not lunch
admin, , Business, 0
Workers at Meta have reportedly been sacked for abusing the tech firm’s meal voucher system, such as using it...
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Petrol supply: Crisis starting to ease, Boris Johnson says
admin, , Business, 0
A request for 150 military tanker drivers to help deliver fuel has been signed off by the defence secretary.
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EasyJet ‘hanging by a thread’, says union official
admin, , Business, 0
Image copyright Getty Images An airline union official says he believes that EasyJet is “hanging by a thread”. In...
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Why US tech giants are threatening to quit the UK
admin, , Business, 0
Against this backdrop, we have a self-proclaimed pro-tech prime minister, Rishi Sunak. He is trying to entice the lucrative...
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Cost of living: Saving money on our summer holiday
admin, , Business, 0
“We can load up with hiking stuff, paddle boards, snorkelling gear, chairs, loungers, a brolly, a table, gas stove...
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US economy grows at fastest pace in decades
admin, , Business, 0
“Indeed, there’s been weakness across US stock indices in the first weeks of 2022, as investors digest some of...
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