Cost-Of-Living Crisis

Sainsbury’s To Invest An Additional £50m To Manage Rising Prices

UK retailer Sainsbury’s has announced that it is to invest a further £50 million by March 2023 to help customers cope with rising prices.

Cost-Of-Living Crisis Casts Shadow Over Europe's Black Friday

Europe's retailers are hoping Black Friday discount day will get shoppers spending, though it is taking place against a backdrop of a worsening cost-of-liv...

Tesco Offers Salary Advance To Help Staff Navigate Cost-Of-Living Crisis

Tesco, Britain's biggest retailer and one of the country's largest private-sector employers, is offering its staff advances on their pay to help them navig...

UK's Sainsbury's Sticks With Outlook Despite First-Half Profit Fall

Sainsbury's, Britain's second-biggest supermarket group, kept its financial guidance for this year despite reporting a 8% fall in first-half profit,&n...

Ukraine Grain Export Deal Back On As Russia Resumes Participation

Russia said on Wednesday it would resume its participation in a deal to free up vital grain exports from war-torn Ukraine after suspending it over the week...

UK Retailers Report October Rebound But Outlook Bleak: CBI

British retail sales rebounded this month, according to an industry survey published on Thursday that contrasted with other, gloomier gauges of the consume...

Unilever Downbeat On Europe, China Consumer Sentiment

Unilever Plc gave a dire assessment of consumer sentiment in Europe and China, two of its key markets, but raised its full year sales forecast as it lifted...

Two-Thirds Of UK Shoppers To Cut Festive Spending This Year

Over two-thirds of British adults are planning to cut back on festive spending this year due to a worsening cost-of-living crisis, according to a survey pu...