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Sainsburys store, retail, supermarkets, Sainsbury's
Sainsbury's Q1 sales fall 4% as CEO warns pressure on households will rise

UK supermarket chain Sainsbury’s said first-quarter underlying sales fell 4% as consumers started to cut back on discretionary spending amid the cost of living crisis.

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Europe open: Shares edge ahead on talk Us-China tensions easing

European shares were higher at the open after a positive session in Asia overnight and suggestions that the US could ease tariffs on China.

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RBA lifts interest rates for third month in a row

Australia’s Reserve Bank increased its key cash interest rate for the third time in as many months and warned of more action as it looked to stymie rising inflation.

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Asia report: Shares edge higher on US-China trade hopes; RBA lifts rates

Asian shares were broadly higher after the US Independence Day holiday as Australia’s central bank raised interest rates for the third consecutive month and investors took heart from a possible easing of China-US trade tensions.

04 Jul
FTSE 250 movers: Pets at Home slumps on downgrade

The FTSE 250 was down 0. 08% at 18,622. 60 at 1450.

04 Jul
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Deal to buy UK Power Networks collapses after owner hikes price - report

A £15bn takeover deal to buy UK Power Networks, Britain’s largest electricity distributor, has reportedly collapsed after surging inflation sparked a last-minute price rise by its Hong Kong owner.

04 Jul
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Europe midday: Shares extend gains despite surprise German trade deficit

European shares opened higher on Monday driven by energy stocks, despite data showing German exports fell last month, , pushing the country’s trade balance into a surprise deficit.

04 Jul
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Europe open: Energy stocks boost shares

European sharesc opened higher on Monday driven by energy stocks, with investors eyeing eurozone inflation data.

04 Jul
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Wizz Air June passenger numbers soar

Low-cost carrier Wizz Air almost trebled passenger numbers last month as more people resumed travelling as Covid restrictions eased.

04 Jul
Asia report: Shares broadly higher in quiet trade

Asian shares were broadly higher on Monday with indices up in all major markets, bar Hong Kong which was slightly lower.

04 Jul
Supermarket Income REIT buys four properties for £83m

Supermarket Income REIT said it had bought four properties for a total of £83m.

01 Jul
FTSE 250 movers: Jupiter hit by Citi downgrade; easyJet, Wizz take off

The FTSE 250 was down 0. 33% at 18,604. 32 at 1420 BST.

01 Jul
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Europe midday: Shares flat as eurozone inflation hits fresh record

The downbeat mood on European markets continued on Friday after suffering their worst quarter since the onset of the Covid-19 pandemic, as Eurozone inflation jumped to a fresh record high in June.

01 Jul
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BT Sport loses exclusive rights to Champions League

BT Sport has lost its exclusive rights to screen Champions League football in the UK and will now share a deal with online giant Amazon, which will broadcast one game a week from 2024.

01 Jul
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Eurozone manufacturing falls for first time since August 2020

Eurozone manufacturing production fell last month for the first time since August 2020 as the Covid pandemic took hold, with rising inflation putting the brakes on consumer spending, according to a survey published on Friday.

01 Jul
Europe open: Downbeat mood continues as shares follow US, Asia into red

The downbeat mood on European markets continued on Friday after suffering their worst quarter since the onset of the Covid-19 pandemic, as a weaker performance on Wall Street and Asia overnight hammered sentiment again.

01 Jul
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Asia Report: Shares fall on Japan tankan survey, Wall St

Asia shares were lower on Friday on the back of a lower Wall Street and a quarterly report from Japan’s central bank showing weaker business sentiment.

01 Jul
Oxford Biomedica signs new Covid vaccine deal with AstraZeneca

Oxford Biomedica has signed a new three-year deal to make AstraZeneca’s Covid-19 vaccine beyond this year when the original agreement expires, the company said on Friday.

30 Jun
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Europe midday: Shares still lower on hawkish central bank comments

European shares slumped at the open on Thursday after warnings from central bankers that inflation would be more persistent than originally thought, sparking fears of a recession.

30 Jun
UK Grid prepares to pay cos cash to cut power use this winter - report

National Grid is asking UK companies how much electricity demand they will be able to cut next winter to help keep the lights on, Bloomberg reported, citing documents.