(Alliance News) - London-listed retailers surged on Thursday after UK Chancellor Rishi Sunak set out a GBP15 billion plan to help households cope with a crippling cost of living crisis. Read More
(Alliance News) - UK supermarket sales have weakened in recent weeks, while grocery inflation accelerated to the highest level since May 2009, figures on Tuesday showed. Read More
(Alliance News) - Bosses at J Sainsbury PLC have urged the government to launch an online sales tax after rival Marks & Spencer Group PLC warned that such a measure could damage the high street. Read More
(Alliance News) - Tesco PLC said on Wednesday that two members of the executive committee sold a total of 191,463 shares in the Welwyn Garden City-headquartered retailer. Read More
(Alliance News) - Britain's largest retailer Tesco PLC said Thursday that it will rent out office space inside its supermarket stores amid continued demand for hybrid working, which boomed during the pandemic. Read More
(Alliance News) - The chair of Tesco PLC has said there is an "overwhelming need" for a windfall tax on energy companies after seeing the supermarket's customers "extremely stretched". Read More
(Alliance News) - UK grocery sales have fallen year-on-year in recent weeks and notably declined on a two-year basis for the first time since the pandemic began, figures from Kantar showed on Tuesday. Read More
(Alliance News) - European equities closed mixed on Wednesday as traders digested more robust inflation data from both sides of the Atlantic, while stocks in New York opened higher on the day JPMorgan kicked off the Wall Street banking earnings season. Read More
(Alliance News) - The FTSE 100 was treading water around midday on Wednesday, following the third straight extraordinary inflation print of the week. Read More
(Alliance News) - Stocks in London were searching for direction on Wednesday morning, while the pound weakened despite a three decade high inflation print in the UK as the data brought 'stagflation' fears to the fore once again. Read More
(Alliance News) - Tesco PLC on Wednesday said it saw annual profit rise following a "strong performance" during the period, leading to the launch of a new GBP750 million share buyback. Read More
(Alliance News) - Stocks in London were called flat on Wednesday morning as investors digest surging UK inflation data, which follows on the heels of red-hot consumer prices in the US and Germany. Read More
