UK

Marks & Spencer Beats H1 Profit Expectations On Successful Turnaround

Marks & Spencer has revealed a 17.2% jump in profit for the first half of the financial year, as the success of its turnaround continues.

Sainsbury’s has extended its Aldi price-matching scheme to its convenience stores, upping the ante on competitive pricing ahead of Christmas.

AB InBev reported third-quarter profits, revenues and volumes behind forecasts on Thursday, sending its shares down almost 4%.

Carlsberg is shifting some of its marketing focus as consumers opted for cheaper beer, but maintained its full-year earnings forecast.

Prices in UK shops fell at their fastest pace in more than three years this month, the British Retail Consortium (BRC) said on Tuesday.

British department store John Lewis is “quietly optimistic” about trading in the run-up to Christmas, the executive director Peter Ruis said.

Greengate Biogas has announced the appointment of Andrew Bernard as its new chief executive officer with immediate effect.

Sainsburys’ biggest shareholder QIA is selling £306 million worth of shares in the group, reducing its holding by 5%.

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