British households are turning to lower-priced indulgences to cope with the cost-of-living squeeze. UK consumer spending has grown at its slowest pace in over a year, according to Barclays. Associated British Foods expects profit to rise at Primark due to lower raw material and freight costs. Primark owner AB Foods anticipates growth in the new year after a 5% increase in profit. Marks & Spencer reinstates its dividend for the first time since 2019 as the retailer makes progress with its turnaround. M&S reports a 75% rise in first-half profit but cautions about high borrowing costs, erratic weather, and geopolitical events affecting shoppers.
WATCH: Britain's M&S cautious on outlook after first-half profit beats expectations https://t.co/XGtDmc790j https://t.co/EL8WqKeGzg
Britain's M&S cautious on outlook after first-half profit beats expectations https://t.co/mjp5w8BJ9W https://t.co/FgVNLWAKay
WATCH: British retailer Marks & Spencer reported a much better-than-expected 75% rise in first-half profit but cautioned the combination of high borrowing costs, erratic weather and geopolitical events may soon weigh on shoppers https://t.co/XGtDmc790j https://t.co/SPeLlEWSh6
British retailer Marks & Spencer reported a much better-than-expected 75% rise in first-half profit but cautioned the combination of high borrowing costs, erratic weather and geopolitical events may soon weigh on shoppers https://t.co/mjp5w8BJ9W https://t.co/EUkjLc7cQo
M&S shares soar as first-half profit smashes forecasts https://t.co/GS4EHX99TI https://t.co/RqB6r6HDuD
⚠️ M&S' CHRISTMAS TRADING OFF TO A GOOD START -CEO Full Story → https://t.co/HitMr9CyTR
Britain's M&S cautious on outlook after first-half profit beats expectations https://t.co/lXCRFKQW49 https://t.co/3GhTJhI1iT
Breakingviews - Private equity superstores overstock the shelves https://t.co/02IxkY2oO7
Marks and Spencer to pay first post-pandemic dividend https://t.co/EGLbCAeKqn
Marks & Spencer reinstates the dividend for the first time since 2019 as the food and clothing retailer makes progress with a decades-long turnaround https://t.co/0O8OSbRSCl
Marks & Spencer reinstates the dividend for the first time since 2019 as the food and clothing retailer makes progress with a decades-long turnaround https://t.co/w7rL5zZivC
From Breakingviews - Private equity superstores overstock the shelves https://t.co/QHtbdQHdTq
Primark eyes bumper Xmas as sales surge: Fashion chain cashes in on colder weather and rising prices https://t.co/Kem4kaB0fD https://t.co/De4ywGWFsJ
Breakingviews - UK fashion retailer can revive discount price tag https://t.co/6SS849YJZN
Breakingviews - UK fashion retailer can revive discount price tag https://t.co/NQc5pZS6EG
From Breakingviews - UK fashion retailer can revive discount price tag https://t.co/zsqT5e0uR5
Primark owner AB Foods expects growth in new year after profit rises 5% https://t.co/A1J9eUYICf https://t.co/u7wbsqSKu7
Associated British Foods says profit will rise at Primark as lower raw material and freight costs boost the performance of the low-cost fashion chain https://t.co/vTTlHLOuPc
Associated British Foods says profit will rise at Primark as lower raw material and freight costs boost the performance of the low-cost fashion chain https://t.co/b5qKP4ZOlo
UK consumer spending grows at slowest pace in over a year: Barclays https://t.co/pszYI0A71O https://t.co/bF64yjY8nx
British households are stocking up on lower-priced indulgences to cope with the cost-of-living squeeze https://t.co/VV968J7EGS
British households are stocking up on lower-priced indulgences to cope with the cost-of-living squeeze https://t.co/KtRlKkRHmv
British households are stocking up on lower-priced indulgences to cope with the cost-of-living squeeze https://t.co/lD7lP19p0i