Supermarket says ‘significant’ cost inflation is denting margins and squeezing customers’ spare cash
Sainsbury’s has warned profits will fall in the year ahead as it faces “significant external pressures” including cost inflation and a squeeze on its customers’ spare cash.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion: I didn’t expect the cost-of-living crisis to bite so quickly for meI’m worried that my bills will become unmanageable and I’ll end up in debt, or in arrears, or just absolutely miserable because I can’t afford the little things that make life brighter
Read more »
Sainsbury's warns profits will be hit by cost of living crisisSainsbury's has warned that its profits this year will be hit by soaring inflation and a fall in customers' disposable incomes.
Read more »
Boris hints parents could receive childcare support amid cost of living crisisBoris Johnson has hinted parents could receive further childcare support as he seeks cost-free measures to alleviate the cost of living crisis.
Read more »
Live news updates: GM profits fall less than expected as chip supplies improve\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Read more »