UK grocery sales boom in November to hit record £10.9bn
8th Dec 2020 10:36
(Sharecast News) - UK grocery spending surged to an all-time high of nearly £11bn in November, industry data showed on Tuesday, as the second national lockdown came into effect and shoppers began stocking up for Christmas.
Read moreAsda joins growing list of grocers to repay rates relief cash
3rd Dec 2020 13:45
(Sharecast News) - Asda is to repay the £340m it received in business rates relief, the latest supermarket chain to do so, the retailer confirmed on Thursday.
Read moreAldi joins list of supermarkets to repay rates relief
3rd Dec 2020 11:00
(Sharecast News) - Aldi has become the latest supermarket chain to hand back business rates relief, the discounter confirmed on Thursday.
Read moreTesco to repay £585m business rates relief
2nd Dec 2020 07:01
(Sharecast News) - Tesco said it would repay £585m of Covid-19 business rates relief to the UK after Britain's supermarkets came under pressure to return the money.
Read moreInvestors to clamp down on bosses' pension perks
16th Nov 2020 14:20
(Sharecast News) - Large investors have warned companies they will clamp down on bosses' pension perks to promote fairness and good employee relations.
Read moreSunday newspaper round-up: Restrictions, Brexit, Pennon
15th Nov 2020 21:43
(Sharecast News) - Today's death toll, which is usually lower on Sunday and Monday due to weekend reporting lags, is up by just 12 from last Sunday - in a sign that fatalities may be flattening out. It comes after the head of the Office for National Statistics said that growth in infections is 'slowing' too. Some 24,962 new confirmed cases of coronavirus were reported today- just five more than last Sunday. Professor Sir Ian Diamond says that while there remains an increase in the number of Covid cases, the data shows a 'slowdown in the rate of growth', providing a small ray of hope for an end to harsh countrywide restrictions. - Financial Mail on Sunday
Read moreUK grocery sales rise but shoppers resist stockpiling
10th Nov 2020 10:42
(Sharecast News) - Grocery sales continued to grow in October, but there was little evidence of stockpiling ahead of the second national lockdown, industry research showed on Tuesday.
Read moreThursday broker round-up
29th Oct 2020 13:18
(Sharecast News) - Morrison: Barclays upgrades to equal weight and keeps target price at 180p.
Read moreBarclays upgrades Morrisons to 'equalweight'
29th Oct 2020 08:06
(Sharecast News) - Barclays upgraded its rating on shares of supermarket chain Wm Morrison to 'equalweight' from 'underweight' on Thursday, noting that the share price "is now clearly below" its 180p price target.
Read moreWaitrose and Co-Op join price war, cut prices for essential goods by 15%
21st Oct 2020 10:12
(Sharecast News) - Waitrose and Co-Op are cutting prices of essential goods by an average of over 15% ahead of a Christmas that will likely bring more economic travails for customers.
Read moreAsda launches green strategy to cut single-use plastics
20th Oct 2020 09:52
(Sharecast News) - Asda launches fruit and vegetable strategy in new sustainability store to try to cut down on single-use plastics and promises "greener" products without packaging at the same price.
Read moreTesco limits purchases as Covid-19 concerns mount
25th Sep 2020 11:36
(Sharecast News) - Tesco has joined Morrisons in restricting purchases of toilet roll and other staples as shoppers show signs of bulk buying after the government introduced new limits to stem a surge in Covid-19 infections.
Read moreWednesday broker round-up
16th Sep 2020 13:18
(Sharecast News) - Morrison: JP Morgan downgrades to underweight with a target price of 160.0p.
Read moreGrocery spending slows as shoppers dine out during August
15th Sep 2020 11:13
(Sharecast News) - Around £155m was wiped off UK grocery sales in August, industry research showed on Tuesday, as consumers took advantage the government's Help Out to Eat Out scheme and the easing of lockdown restrictions.
Read moreFriday broker round-up
11th Sep 2020 13:47
(Sharecast News) - Vistry: JP Morgan upgrades to neutral with a target price of 670.0p.
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