Associated British Foods falls Thursday, underperforms market
Shares of Associated British Foods PLC ABF shed 2.97% to £18.80 Thursday, on what proved to be an all-around great trading ...
Sainsbury’s Cuts 3,000 Jobs as Grocer Seeks Cost Savings
J Sainsbury Plc will cut 3,000 staff and close its remaining cafes, as Britain’s second-largest supermarket chain steps up a ...
FTSE 100 rises to near record levels; CMC Markets tumbles
The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S.
FTSE 100 stalls after record run; CMC Markets tumbles
The UK's FTSE 100 stalled on Thursday after touching a record high in the prior session as investors sought clarity on U.S.
Primark-Owner ABF Cuts Guidance on Tough UK Retail Market
Associated British Foods Plc cut guidance for sales growth at its Primark discount fashion retailer, blaming weak UK consumer ...
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‘We’re not losing customers’: Primark affirms ‘belief’ in digital amid UK sales slip
Unseasonal weather and shaky consumer confidence has contributed to a dip in Primark’s UK sales. In a trading update for the ...
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Primark cuts sales outlook after weak Christmas quarter
Associated British Foods (ABF.L) downgraded the annual sales guidance for its Primark budget clothing business on Thursday after disappointing results in the Christmas quarter in its main UK and ...
UK supermarket chain Sainsbury’s cuts 3,000 jobs as tax hike looms
Job cuts add to slew of evidence underscoring the UK budget’s impact on British retailers. Read more at straitstimes.com.
Rachel Reeves faces a fresh setback as damning poll reveals a sharp slump in consumers' confidence in the UK economy as 'people see dark days ahead'
It added to the gathering gloom over the economy at the start of the year as supermarket chain Sainsbury's yesterday revealed a cull of jobs while Primark said its sales were suffering.
Consumer expectations for economy plunge to ‘new low’ amid job cuts
Expectations for the state of the economy over the next three months have worsened since December, according to a consumer confidence survey ...
Modern British food is making us ill – these are the old-fashioned meals to eat instead
Americanised and processed, our diet today could be contributing to higher rates of bowel cancer. Here’s what to swap to ...