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...Groothuis said selling goods at “an unreasonable price” could “trigger” the commission to look into Beijing undercutting its European rivals....
...Last month, Mohsin confirmed he was in a relationship with Victoria Price, a former tax partner who left the Big Four firm shortly after EY resigned as Asda’s auditor....
...Here to talk to me about these new rules is the FT’s Laura Dubois. Hey, Laura. Laura DuboisHi....
...UK grocery price inflation fell to a 30-month low in April, according to data that pointed to an easing of the cost of living crisis that has hit millions of households since late 2021....
...Weston said ABF did not increase prices during the period although it had benefited from rises implemented last year as inflation subsided....
...executive of charity and campaign group Alcohol Change UK, said there had been “years of inaction” by the government and recommended the tougher regulation of marketing, clearer labelling and setting a minimum price...
...JD Sports will pay $87.50 per Hibbett share in cash, representing a premium of about 21 per cent to the US company’s last closing price....
...But Murphy said the company had “now been the cheapest full-line grocer for well over a year” through a combination of price reductions, matching Aldi on price and its Clubcard loyalty scheme....
...Co-founder and chief executive Steiner is in line for a share award worth about £14.8mn — or as much as 1,800 per cent of his £824,570 base salary — from 2027 if Ocado’s share price reaches £29.69 in three...
...The company said it still expected to make a pre-tax profit of £960mn on full-price sales increases of 2.5 per cent in 2024....
...The chain took advantage of then prime minister Margaret Thatcher’s deregulation of the profession in the 1980s, which allowed opticians to advertise their services and prices to customers for the first...
...The share price has dropped 85 per cent since the IPO, giving the company a valuation of £670mn from a £3.7bn listing peak....
...NHS Supply Chain was set up after several studies highlighted that hospital trusts were paying a wide range of prices for the same medical equipment....
...In Europe, Nestlé’s volumes fell 2.4 per cent last year, while prices rose 10.6 per cent....
...our Clubcard Prices programme.”...
...Wages are rising faster than prices, according to official data released earlier this week....
...It said that the likelihood of a “sharp correction” in some markets had increased since December as prices rose despite a cloudy outlook....
...Supermarket chain Waitrose helped drive the improvement as it lifted prices, offsetting a weaker performance from department store John Lewis....
...Alice Price, apparel analyst at GlobalData, said Frasers’ decision suggested it underestimated the scale of investment and time required to oversee a turnaround....
...He said the company had “work to do” on improving service, prices and ranges....
...Tesco will have to stop using its Clubcard Prices logo in its current form in a costly and embarrassing rebranding exercise after it lost a legal case against Lidl....
...New data on consumer prices will be published on Wednesday....
...risks to financial stability and develops policies to offset them, said the risk environment “remains challenging” and the likelihood of a “sharp correction” in some markets had increased since December as prices...
...Recession core: Luxury brands are expected to rein in price rises this year, proving that the wealthy are not immune to cost pressure, argues Adrienne Klasa....
...“Overall, I don’t think this news is a massive surprise or share price sensitive. M&S is in the best place it has been for many years operationally and financially.”...
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