UK

Britain’s Marks & Spencer Has Momentum In Christmas Countdown – NIQ

Marks & Spencer has entered Christmas trading with momentum as NIQ data showed it to be one of the UK's fastest-growing grocers.

UK shoppers are expected to spend more this Christmas due to lower inflation and strong promotions, according to the latest data from NIQ.

British shoppers faced increased pressure on their budgets last month after grocery price inflation edged higher.

Pepco Group reported an annual net loss of €662 million, citing a non-cash impairment charge of €775 million for its Poundland business.

British companies face a challenging 2025 with an increase in employment costs and potential tariffs on exports, the BCC said on Wednesday.

Marks & Spencer has committed to train and support nearly 2,000 hard-to-reach young people through its Marks & Starts programme.

Greencore Group plc has revealed that its pre-tax profits jumped 36.1% to £61.5 million in the 2024 financial year ending 27 September.

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