Menu
06/05/2015
Sainsbury's Reports First Annual Loss In Ten Years
Supermarket Sainsbury's has reported it first annual loss in ten years.
The firm reported a statutory pre-tax loss of £72 million for the year to March 2014, following a drop in sales and write downs on the value of its property.
Mike Coupe, chief executive of Sainsbury's, said: "The UK marketplace is changing faster than at any time in the past 30 years which has impacted our profits, like-for-like sales and market share. However, we are making good progress with our strategy, and our investment in price and quality is showing encouraging early signs of volume and transaction growth."
(CD/MH)
The firm reported a statutory pre-tax loss of £72 million for the year to March 2014, following a drop in sales and write downs on the value of its property.
Mike Coupe, chief executive of Sainsbury's, said: "The UK marketplace is changing faster than at any time in the past 30 years which has impacted our profits, like-for-like sales and market share. However, we are making good progress with our strategy, and our investment in price and quality is showing encouraging early signs of volume and transaction growth."
(CD/MH)
Related UK National News Stories
Click here for the latest headlines.
10 May 2012
77 Years For Rochdale Child Sex Gang
The nine men found guilty of operating a child sexual exploitation ring have been jailed for a total of 77 years. The trial, which ended on Tuesday, heard how the men groomed young vulnerable girls in Rochdale.
77 Years For Rochdale Child Sex Gang
The nine men found guilty of operating a child sexual exploitation ring have been jailed for a total of 77 years. The trial, which ended on Tuesday, heard how the men groomed young vulnerable girls in Rochdale.
08 June 2006
Sentence increased for baby rapist
A man who raped a 12-week-old baby girl has had his minimum jail term increased from six years to eight years by the Court of Appeal.
Sentence increased for baby rapist
A man who raped a 12-week-old baby girl has had his minimum jail term increased from six years to eight years by the Court of Appeal.
07 March 2014
Winter Storms Cause Biggest Loss Of Trees Over 20 Years
Surveys of more than 50 woodlands, parks and gardens managed by the National Trust revealed that the winter's heavy winds and storms caused the biggest loss of trees in over 20 years. A number of rare and historic samples have been knocked down including the largest tree in Essex.
Winter Storms Cause Biggest Loss Of Trees Over 20 Years
Surveys of more than 50 woodlands, parks and gardens managed by the National Trust revealed that the winter's heavy winds and storms caused the biggest loss of trees in over 20 years. A number of rare and historic samples have been knocked down including the largest tree in Essex.
02 August 2013
New RBS Chief To Forgo Bonus Until 2015
The new boss of the Royal Bank of Scotland will not take any bonus for his role until 2015. Shares in the bank fell 5% despite the announcement of a pre-tax profit of £1.4bn, up from a £1.7bn loss last year. It is understood that investors had expected a greater improvement.
New RBS Chief To Forgo Bonus Until 2015
The new boss of the Royal Bank of Scotland will not take any bonus for his role until 2015. Shares in the bank fell 5% despite the announcement of a pre-tax profit of £1.4bn, up from a £1.7bn loss last year. It is understood that investors had expected a greater improvement.
09 September 2011
WeightWatchers 'More Effective'
Overweight and obese adults referred to Weight Watchers, a community based provider of weight-loss services, lost more than twice as much weight when compared with those who received standard care, research has revealed.
WeightWatchers 'More Effective'
Overweight and obese adults referred to Weight Watchers, a community based provider of weight-loss services, lost more than twice as much weight when compared with those who received standard care, research has revealed.
-
Northern Ireland WeatherToday:Mostly dry south and east, patchy light rain west and north through much of the day. A band of heavier rain crosses central and northern parts in the morning Maximum temperature 13 °C.Tonight:Dry in the southeast at first otherwise widespread light rain or drizzle for most, turning to clear spells and a few showers towards morning. Minimum temperature 5 °C.
