Sainsbury's Share News (SBRY)

M&S food makes good start to new financial year, says boss

CEO says prices won't go down as fast as they went up

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M&S food makes good start to new financial year, says boss

LONDON, July 4 (Reuters) - British retailer Marks & Spencer's food business has made "a good start" to its 2023-24 financial year, the group's boss told investors on Tuesday.

UK's FTSE 100 inches lower as industrials dip; healthcare stocks rebound

Airlines rise after strong numbers from giant Ryanair

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European shares steady, interest rate uncertainty remains

Real-estate, healthcare stocks top gainers

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LONDON MARKET CLOSE: Tepid close after quiet day with US market closed

(Alliance News) - Stocks in London were largely higher on Tuesday, though the FTSE 100 slipped into the red amid weakness, while US markets were shut for the independence day holiday.

Sainsbury's "sweet as nectar" but Tesco still preferred grocery play

(Alliance News) - J Sainsbury PLC on Tuesday reported an improved first-quarter amid simmering political scrutiny as supermarkets come under the spotlight.

LONDON MARKET MIDDAY: Stocks higher amid US holiday-thinned trade

(Alliance News) - Stock prices in London were higher at midday on Tuesday, with the absence of US markets and any major economic releases keeping trade muted.

Higher wages to temper UK food inflation fall, says Sainsbury's boss

LONDON, July 4 (Reuters) - Food prices in Britain will not return to where they were before Russia's invasion of Ukraine because a permanent rise in labour costs will mitigate the easing of commodity and energy pressures, the boss of Sainsbury's said on Tuesday.

Sainsbury's says UK fresh food prices falling, packaged goods to follow

Q1 like-for-like sales up 9.8%

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LONDON MARKET OPEN: Tepid trade as housebuilders weigh on FTSE 100

(Alliance News) - London's FTSE 100 tread water in early dealings on Tuesday, with housebuilders on the back foot, and little movement elsewhere during what is expected to be a muted day for global markets due to a thin data calendar and a US holiday.

TOP NEWS: Sainsbury's backs outlook and seeing ebb in food inflation

(Alliance News) - J Sainsbury PLC on Tuesday reported an improved first-quarter, with grocery sales on the up, and its Argos arm also delivering.

LONDON BRIEFING: Sainsbury's sales up; Eurowag buys more of JITpay

(Alliance News) - Stocks in London are to open a touch lower on Tuesday, with little in the way of catalysts for global markets, given a lack of major data and a holiday in the US.

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)