Markets
Sainsbury’s toasts £60m more profits as champagne sales soar
Sainsbury’s is to make £60m more in annual profits than predicted after enjoying better than expected food and drink sales over Christmas as shoppers bought...
Energy bills could rise by 50% amid ‘national crisis’ of soaring UK prices
Energy bills could rise as much as 50% in the spring as the UK faces a “national crisis” over soaring wholesale gas and electricity...
Ocado promises ‘best ever Christmas’ with M&S as deliveries boom
Ocado has promised the “best ever Christmas” is ahead for its food retail joint venture with Marks & Spencer thanks to booming demand for online...
UK hospitality firms hit by Christmas party cancellations over Omicron fears
Bosses of pubs, bars and restaurants across the UK are warning they are already receiving cancellations of bookings for Christmas parties amid fears...
Orbit and Entice become latest UK energy suppliers to go bust
Another two UK energy suppliers have gone bust after the collapse of Bulb Energy earlier this week, bringing the number of households affected by a...
Convenience shop chain McColl’s gives profit warning amid supply problems
The convenience shop chain McColl’s has warned that annual profits will be as much as £7m lower than expected as it struggles to...
AstraZeneca signs new Covid contracts in shift away from not-for-profit
AstraZeneca said it had started signing commercial contracts to supply its Covid-19 vaccine next year as the pandemic moves to an “endemic phase,”...
Suez Canal to raise fees, heaping pressure on global supply chains
The Suez Canal Authority is increasing the fees it charges ships passing through the critical waterway, in a move expected to pile further...
John Lewis pulls controversial advert for being ‘potentially misleading’
It was attacked as everything from a crass cultural lecture to a treatise on sexism. John Lewis’s latest home insurance ad, in which...
U-turn expected on temporary visas for non-UK butchers
The government is expected to back down over temporary visas for foreign butchers, as the food industry said ministers were beginning to listen...
