Labour Party

UK Inflation Jumps More Than Expected In January

British inflation reached a 10-month high of 3.0% in January and is likely to rise further, testing the Bank of England’s confidence.

The UK arm of German discount supermarket Lidl will give its 28,000 hourly pay workers a pay rise of at least 2.8% it said on Monday.

A set-up in UK supermarket promotions meant grocery inflation edged lower in January following four straight months of rises.

Tesco UK plans to cut about 400 jobs from its stores and head offices, seeking efficiency savings to invest in its business.

Sainsbury’s said it was proposing to reduce its headcount by over 3,000 roles as it seeks savings to combat a "challenging cost environment.&quo...

Two-thirds of British retailers will raise prices this year in response to higher costs, a survey by the BRC showed on Wednesday.

Britain’s big retailers say they are improving efficiency through automation and to limit the impact of rising costs on shop prices.

Britain's Sainsbury’s is on track to deliver full-year profit growth of around 7%, the retailer said on Friday.

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