Home / Tag Archives: money

Tag Archives: money

Morrisons says it needs to save £1bn to deal with rising costs

By MIKE SHEEN Updated: 09:12 EDT, 26 March 2025 Morrisons has boosted its medium-term savings target to £1billion, as the supermarket faces growing costs and the lingering impact of a major cyber security incident. The retailer’s chief executive Rami Baitiéh has previously warned of an ‘avalanche of costs’ arrising from …

Read More »

Stamp prices are going up

MAINTAINING SERVICES: The price of stamps is going up from April 7 as the Royal Mail battle declining deliveries (Image: Getty) Royal Mail is putting the price of postage stamps up on April 7. Martin Lewis has urged households to ‘stock up’ now before the increase arrives. Prices for postage …

Read More »

Waterstones boss raises hopes of City float

By MARK SHAPLAND Updated: 17:50 EDT, 15 March 2025 James Daunt, the boss of Waterstones, this weekend said the London stock exchange is an attractive market for retail businesses, raising hopes the bookseller will stage a float in the City. Daunt, who also runs US bookshop Barnes & Noble, told …

Read More »

Asda boss warns of no quick fix at troubled grocer

By JESSICA CLARK Updated: 17:50 EDT, 14 March 2025 The boss of Asda has warned there is no quick fix at the crisis-hit supermarket as sales continue to fall after its private equity takeover four years ago. Executive chairman Allan Leighton said profits will be ‘materially’ lower this year as …

Read More »