The John Lewis Partnership has slumped to a £99 million loss in the first half of 2022 as it said it chose to "forgo" profit to help staff and customers through the cost of living crisis.
The Partnership, which owns Waitrose and John Lewis, has faced “unprecedented” cost hikes and says the rest of this year, including the peak Christmas season, will be “highly uncertain”.
It also announced Waitrose and John Lewis staff will get a £500 one-off payment as part of a wider £45million support package.