Sainsbury's CEO warns UK budget changes may raise prices and inflation despite revenue growth. Sainsbury's CEO warns UK budget changes may raise prices and inflation despite revenue growth.

Sainsbury's CEO Simon Roberts has warned that recent UK budget changes, including a £140 million increase in national insurance contributions, will likely lead to higher prices for consumers and increased inflation. Sainsbury's CEO Simon Roberts has warned that recent UK budget changes, including a £140 million increase in national insurance contributions, will likely lead to higher prices for consumers and increased inflation. ان چیلنجوں کے باوجود ، 14 ستمبر کو ختم ہونے والے 28 ہفتوں کے لئے گروپ کی آمدنی میں 2.3 فیصد اضافے کی اطلاع دی گئی ، جو فروخت میں مضبوط نمو کی وجہ سے ہے۔ Despite these challenges, Sainsbury's reported a 2.3% rise in group revenues to £17.2 billion for the 28 weeks ending September 14, attributed to strong sales growth. روبرٹس نے حکومت سے مطالبہ کیا کہ وہ کاروباری شرحوں میں اصلاحات کو تیز کرے تاکہ ریٹیلرز پر دباؤ کم کیا جاسکے۔ Roberts urged the government to expedite business rates reforms to alleviate pressure on retailers.

November 07, 2024

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