Sainsbury’s response has been to focus heavily on its food, which accounts for about three-quarters of its business, and it said it has spent £780m over the past three years on keeping prices low, including promotions such as Nectar prices and price-matching budget chain Aldi.
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Business groups call for stability as Johnson resigns
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Kitty Ussher, chief economist at the Institute of Directors, the UK employers’ group, said: “What business hates most is...
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Driverless car firm Cruise to cut 900 jobs
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In one incident from August 2023, the self-driving car hit someone at 1.4mph, while in the other incident, from...
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Twitter: Why Elon Musk has been so keen on taking control
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But regulators around the world are lining up to crack down on social networks and force them to take...
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House price growth slows as housing market cools
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Russell Galley, managing director of Halifax, said: “This easing was somewhat expected, given the strength of price inflation seen...
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Pandemic-hit airline industry to regroup at Dubai Airshow
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The show will also see a significant attendance of defence firms with 20 countries, including Brazil, Russia, France and...
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Apple to discontinue the iPod after 21 years
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Over the years, many celebrities have thrown their star power behind the iPod, including John Mayer, U2 and Oprah...
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Liberty Steel: ‘If we lose the plant it will decimate Rotherham’
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Over the decades steel workers like Chris have seen a fair amount of upheaval at the Rotherham plant, and...
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Strategies to close the pandemic gender gap at work
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Unemployment caused by the pandemic has disproportionately affected women and now as restrictions ease many are not returning to...
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