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The Latest Breaking News from Simon Roberts

Budget tax hikes could see food prices soar, major supermarket boss warns

Sainsbury’s CEO Simon Roberts says shoppers are being ‘cautious’ ahead of the announcement later this month

The Independent UK

Sainsbury’s boss warns Budget tax hikes could send food prices higher

Chief executive Simon Roberts said the sector has already been hit with higher taxes and costs which have fuelled inflation.

Evening Standard

Sainsbury’s says shoppers are delaying spending in run-up to budget

Boss of supermarket urges Rachel Reeves not to fuel inflation with tax rises on retailers and suppliers

The Guardian - UK

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Argos was a bad buy – but Sainsbury’s doesn’t need to sell at a silly price

Talks to sell the retailer to China’s JD.com are over, but they highlight that a sale on respectable terms should be possible

The Guardian - UK

Sainsbury’s starts facial recognition of customers to tackle shoplifters

Sainsbury’s boss says retail sector at a ‘crossroads’ amid a rise in shoplifting offences

The Independent UK

Why some freebies for supermarket staff are being scrapped

IN FULL

The Independent UK

Sainsbury’s buoyed by M&S cyber disruption and sunny weather

The chain said the hack at M&S, which left some of its shelves empty at the height of the crisis, helped drive customers into Sainsbury’s stores.

Evening Standard

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Sainsbury’s expects supermarket price war and rising costs to hit profits

Group joins UK retailers’ £1bn profits club but warns of flat year ahead despite cost-cutting plans

The Guardian - UK

Decline of working from home means resurgence of the big weekly shop, says supermarket boss

Simon Roberts, the chief executive of the supermarket, said that despite reports that the old-fashioned big trolley shop was facing its demise, it has enjoyed a resurgence post-Covid as people return to the office

The Independent UK

Asda ditches Aldi and Lidl price-match scheme just a year after launch

Supermarket to roll out its own price cuts campaign with new boss keen not to ‘dance to the tune of the discounters’

The Guardian - UK

Sainsbury’s to axe 3,000 jobs as it warns of cost pressures

The cuts include a 20% reduction in senior management staff, which is understood to be linked to recent tax increases in the Budget.

Evening Standard

Sainsbury’s to cut 3,000 jobs and shut in-store cafes

The overhaul will see about 20% of senior management roles reduced at the supermarket giant.

The Independent UK

Sainsbury’s staff set for 5% pay hike after ‘biggest ever’ Christmas

Sainsbury’s told shareholders it is on track to increase its profits for the year, in line with previous targets.

Evening Standard

Pound and UK bonds fall after strong US jobs report; UK gas storage levels are ‘concerningly low’ – as it happened

Plunging temperatures and high demand for gas fired power stations have reduced UK winter gas storage levels, reports Centrica

The Guardian - UK

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Advnture

12 leftfield running hacks to help you conquer the trails in 2025

If you’re looking to get more from your runs in 2025, these tips from top trail runners can show you the way

The Guardian - UK

Sainsbury’s boosted by return to the office but warns of price rises

Profits are up 4.7% but extra £140m on national insurance bill could mean more expensive groceries

Evening Standard

Sainsbury’s boss: Barrage of costs from Budget will lead to higher inflation

The UK’s second largest supermarket firm said changes to national insurance rules will lead to a £140 million cost increase.

The Independent UK

Sainsbury’s boss: Budget-hit businesses will mean higher inflation for shoppers

Britain’s second-largest supermarket firm said changes to national insurance rules will add £140m to its costs

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Evening Standard

Sainsbury's boss warns "unexpected and very significant" NI hike will increase inflation

NI hike will cost Britain’s second biggest supermarket £140 million next year

The Independent UK

Supermarket wars as Sainsbury’s makes price match promise across all stores

Sainsbury’s said it was the first in the country to make such a commitment

Evening Standard

Sainsbury’s brings Aldi price-match scheme to local stores

The UK’s second-largest supermarket said it was the first in the country to make such a commitment.

The Guardian - UK

Sainsbury’s to buy 10 Homebase stores and convert them into big supermarkets

First shop in £130m investment to open next summer as questions raised over DIY chain’s future

The Guardian - UK

Sainsbury’s boss says rate cuts needed to spur consumer spending; eurozone inflation dips to 2.5% – as it happened

Simon Roberts says consumer caution ‘not surprising given everything households have been through in the cost of living crisis’

The Guardian - UK

Sainsbury’s sales growth slows as poor weather hits non-food ranges

Euro 24 lifts TV sales at Argos but purchases of clothing, paddling pools and garden furniture fall

The Guardian - UK

Sainsbury’s says sales revival in big-ticket items depends on base rate cut

Chain is winning market share from rivals but discretionary spend remains cautious, CEO Simon Roberts says

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