The bosses of Sainsbury’s, Whitbread and Unilever have today revealed how consumers are coping with the cost of living squeeze.
Sainsbury’s chief Simon Roberts highlighted “significant external pressures and uncertainties” as he warned of a hit to the supermarket chain’s profits for this financial year.
As well as today’s flurry of FTSE 100 updates, the US earnings season is continuing with figures from Amazon and Apple after the closing bell. Last night, shares in Meta Platforms jumped 18% after better-than-expected profits from the Facebook owner.
