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UK supermarket sales growth picks up as consumers start Christmas shopping

UK supermarket sales growth picks up as consumers start Christmas shopping UK supermarket sales up 4.7% in four weeks to Oct. 5 -NIQ Households spreading cost of Christmas General merchandise sales return to growth Ocado and M&S are fastest growing grocers Asda remains the laggard By James Davey LONDON, Oct 16 (Reuters) - Sales growth at British supermarkets picked-up over the last month, helped by consumers starting to make purchases for Christmas, industry data showed on Wednesday.
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British Business - Oct 7

PRESS DIGEST-British Business - Oct 7 Oct 7 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The owner of the American conservative newspaper The New York Sun Dovid Efune is closing in on a deal to buy the Telegraph for more than 550 million pounds ($721.99 million).
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Sustainable Switch-The worst floods to hit central Europe

Sustainable Switch-The worst floods to hit central Europe Sept 19 - By Sharon Kimathi Energy and ESG Editor, Reuters Digital sharon.kimathi@thomsonreuters.com Hello, Today’s newsletter continues to follow the developments from central Europe’s fatal flood. The worst floods to hit central Europe in at least two decades have left a trail of destruction from Romania to Poland and killed at least 22 people.
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UK's Ocado soars after retail JV's outlook upgrade

BUZZ-UK's Ocado soars after retail JV's outlook upgrade Updates with share move, milestones ** Shares in British online grocer Ocado OCDO.L up 16.7% to 408.1p, highest in seven weeks ** Stock is biggest percentage gainer on FTSE midcap index .FTMC which is up 0.77% ** Ocado Retail lifted its forecast for 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers ** The joint venture between Ocado and Marks & Spencer MKS.L now sees l
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UK's Ocado seen opening 10% higher on retail JV's outlook upgrade

BUZZ-UK's Ocado seen opening 10% higher on retail JV's outlook upgrade ** Shares in British online grocer Ocado OCDO.L are seen opening 10% higher, according to premarket indicators from brokerage ** Ocado Retail lifts its forecast for 2023-2024 year after reporting a 15.5% increase in revenue in its latest quarter that reflected growth in customer numbers ** The joint venture between Ocado and Marks & Spencer MKS.L now sees low double-digit percentage growth in FY24 revenue, compared with its p
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