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The Independent UK
The Independent UK
Business
Howard Mustoe and Millie Cooke

Sainsbury’s to cut 3,000 jobs and close cafes after warning of Reeves’ budget blow

Sainsbury

Big four supermarket Sainsbury’s will cut 3,000 jobs in the UK as it faces a looming surge in costs including higher taxes and wage bills following Chancellor Rachel Reeves’s Budget.

The company said it will cut one in five senior manager jobs, as the company also undergoes a three-year £1bn cost-cutting push.

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