Inflation

Tesco to cut over 300 head office roles amid soaring inflation

Tesco is set to cut over 300 jobs from its head office as part of a major shake up after…

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Home brewing beer brand Pinter tops list of the UK’s fastest growing online companies 

Home brewing beer brand Pinter has topped a new list of the UK’s fastest growing online companies. Pinter, based in…

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Tesco raises pay despite profit hit

Tesco has seen its profits tumble in the first half of the year, with profit before tax plummeting by 64%…

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How can retail companies prepare for a more scrupulous festive season?

After two years of Covid-impacted festive periods, any hopes that the retail industry had for a return to normal in…

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Greggs sales rise 15% in Q3

Greggs has seen its total sales rise by 14.6% for the 13 weeks to 1 October 2022, with company-managed shop…

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Made.com H1 losses widen amid lower demand

Made.com has revealed its loss before tax has dropped by 25.2% to £35.3m for the six months to 30 June…

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Co-op pre-tax profits fall to £7m

The Co-op has revealed its group pre-tax profits fell 84% to £7m in the first half of the year as…

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Food inflation rises to a ‘record’ 10.6% in September

Food inflation has grown to 10.6% in September 2022, up from 9.3% in August, which is above the three-month average…

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Next cuts sales and profit guidance

Next plc has reported that its profit before tax is up 16% compared to the previous year at £401m, and…

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Morrisons profits halve in Q3 as inflation pressures hit

Morrisons has seen its profits halve in its latest quarter, falling from £356m to £177m, with the group warning that…

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