Sainsbury's Share News (SBRY)

Sainsbury's holds guidance as sales rise

(Sharecast News) - UK supermarket chain Sainsbury's reported an 11% rise in grocery sales in the four months to June 24 and maintained annual guidance as it said food inflation was showing signs of falling.

UK demands better deal for drivers in road fuel market

CMA says road fuel price competition has weakened

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Britain to change law to help improve competition in road fuel market

LONDON, July 3 (Reuters) - The British government said on Monday it will change the law to force road fuel retailers to provide price information to help strengthen competition in the market after the regulator found drivers were paying high prices due to increased margins. (Reporting by Kylie MacLellan, writing by Sarah Young)

UK watchdog says weaker competition for fuel to blame for higher prices

LONDON, July 3 (Reuters) - Britain's antitrust regulator said on Monday drivers have been paying more for fuel since 2019 due to weakening competition between retailers, publishing the results of a year-long investigation into competition in the road fuel market. (Reporting by Sinchita Mitra in Bangalore and UK bureau, writing by Sarah Young; editing by William James)

Sunday share tips: Sainsbury's, Thor Exploration

(Sharecast News) - The Sunday Times's Lucy Tobin recommended Sainsbury's to readers in anticipation that the recent warm weather that had boosted fashion retailers' toplines likely also benefitted the grocer.

Britain's Tesco launches new round of price cuts

LONDON, June 30 (Reuters) - Tesco, Britain's biggest supermarket, cut the price of more than 500 essential items on Friday, in the latest sign that a surge in grocery inflation will moderate this year.

UK shareholder meetings calendar - next 7 days

LONDON MARKET OPEN: Tough talk from central bankers sends stocks lower

(Alliance News) - Stock prices in London were lower on Thursday morning after major central bank chiefs made it clear on Wednesday that global interest rates will keep rising.

Britain's Ocado follows rivals in cutting some prices

Ocado cuts prices of over 100 essential items

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ShoreCap says Sainsbury valuation multiples 'undemanding'

(Sharecast News) - ShoreCap analysts labelled Sainsbury's current valuation "undemanding", going on to add that its 5% dividend yield was "attractive".

UK earnings, trading statements calendar - next 7 days

Britain's supermarkets reject 'profiteering' charge

UK food price inflation was 18.7% in May

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UK supermarket bosses reject 'profiteering' charge

LONDON, June 27 (Reuters) - British supermarket bosses rejected allegations they were profiteering through a cost of living crisis on Tuesday, telling lawmakers they were not passing on cost rises in full to customers in order to remain competitive.

UK's Tesco and Sainsbury's reject idea of price caps on essential groceries

LONDON, June 27 (Reuters) - Britain's two biggest supermarkets Tesco and Sainsbury's are not in favour of price caps on essential items, executives said when asked about the issue at a parliamentary committee examining inflation and retail profits.

British supermarkets deny profiteering, acting as a cartel

LONDON, June 27 (Reuters) - Britain's biggest supermarkets denied profiteering from food inflation or acting as a cartel when questioned about grocery prices by lawmakers on Tuesday.