Sainsbury's Share News (SBRY)

Sainsbury's Bank agrees to sell mortgage portfolio for GBP464 million

(Alliance News) - J Sainsbury PLC on Friday said that Sainsbury's Bank PLC has agreed to sell its mortgage portfolio to The Co-operative Bank PLC for around GBP464 million.

Sainsbury's sells its mortgage book to the Co-operative Bank

(Sharecast News) - Grocery giant J Sainsbury announced on Friday that its financial subsidiary, Sainsbury's Bank, has sold its mortgage portfolio to the Co-operative Bank in a cash transaction worth £464m.

Tesco to swap cheaper product lines into convenience shops

(Alliance News) - Tesco PLC is to swap cheaper product lines into its convenience stores as shoppers battle the rising cost of living.

Aldi UK launches new round of price cuts

LONDON, Aug 10 (Reuters) - The British arm of German discount supermarket Aldi has reduced the prices of over 30 household grocery staples, it said on Thursday, adding to a body of evidence that a surge in UK food inflation is on the wane.

DIRECTOR DEALINGS: Sainsbury's division chair sells GBP440,200 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

UK's high food inflation not driven by weak competition - regulator

Report vindicates supermarkets' rejection of profiteering claims

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UK food inflation not a result of weak competition -regulator

LONDON, July 20 (Reuters) - Britain's competition authority, the CMA, said on Thursday an initial review into grocery pricing found that high food inflation had not been driven by weak retail competition. (Reporting by Sarah Young, Editing by Paul Sandle)

UK supermarket Asda to launch new round of price cuts

LONDON, July 20 (Reuters) - British supermarket Asda will on Friday cut the prices of 226 own label products by an average of 9%, adding to a body of evidence that a surge in UK food inflation is on the wane, it said on Thursday.

UK supermarket Asda says fuel pricing strategy has not changed

Asda co-owner Mohsin Issa says group still fuel price leader

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UK supermarket Asda says fuel pricing strategy has not changed

LONDON, July 19 (Reuters) - British supermarket group Asda's fuel pricing strategy has not changed since Mohsin and Zuber Issa took over the supermarket group in 2021, Mohsin Issa told lawmakers on Wednesday.

UK grocery inflation continues downward trajectory -Kantar

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UK grocery inflation was 14.9% in 4 weeks to July 9 -Kantar 
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