Sainsbury's Share News (SBRY)

UK competition watchdog steps up work on grocery sector

LONDON, May 15 (Reuters) - Britain's CMA competition watchdog said it was stepping up its work looking at the grocery sector, but had so far not seen evidence pointing to specific competition concerns.

With UK food price inflation at 46-year high, lawmakers launch probe

LONDON, May 12 (Reuters) - British lawmakers launched an investigation on Friday into the fairness of the country's food supply chain, seeking to understand why households are facing the highest levels of food price inflation since the 1970s.

Britain's Sainsbury's cuts price of bread and butter

LONDON, May 9 (Reuters) - Sainsbury's, Britain's second largest supermarket group, has cut the price of bread and butter, in another sign that a surge in food inflation is set to abate and even reverse in the coming months.

Investors managing $10 trln urge faster corporate action on plastics

Amundi, Pictet, Bailard among those signing statement

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LONDON BROKER RATINGS: DZ Bank cuts BP to 'hold'; Berenberg likes HSBC

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

One in five UK households to buy more groceries for coronation -NIQ

King Charles to be crowned on May 6

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LONDON BROKER RATINGS: Dunelm and Coats get new 'buy' ratings

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

LONDON MARKET CLOSE: Europe mixed but Meta earnings, Fed hope lift NY

(Alliance News) - Stocks in Europe ended mixed on Thursday, though trade was more bullish in New York, on the back of positive results from Facebook owner Meta Platforms.

Sainsbury's to beat market forecasts this year

2022-23 underlying pretax profit 690 mln stg

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TOP NEWS: Sainsbury's profit plummets on attempts to keep prices low

(Alliance News) - J Sainsbury PLC on Thursday reported a drop in annual profit, after its said it has spent GBP560 million on keeping prices low for customers amid the cost of living crisis.

LONDON MARKET OPEN: Stocks lower amid worries for health of US economy

(Alliance News) - Stock prices in London opened lower on Thursday, with the FTSE 100 failing to get a boost by positive first-quarter results from major constituents including Barclays and AstraZeneca.

Sainsburys lifts guidance despite fall in annual earnings

(Sharecast News) - UK supermarket chain Sainsbury's on Thursday lifted guidance for the current fiscal year after posting a fall in 2022/23 profits as it spent £560m to keep prices low in the battle for consumers amid the cost of living crisis.

Thursday preview: US Q1 GDP, Sainsbury in the spotlight

(Sharecast News) - All eyes on Thursday would be on a first estimate for US economic growth at the start of 2023.

UK grocery inflation eases but remains at record level

(Sharecast News) - Grocery inflation eased marginally in April, industry data showed on Tuesday, but remained close to record highs.

TOP NEWS: UK grocery price inflation cools but remains double-digits

(Alliance News) - UK grocery price inflation remained in double-digits for the tenth month in a row in April, according to figures from Kantar on Tuesday.