2 h. ago John Lewis and Waitrose owner loses £88m after national insurance hike

The retail giant reports a substantial half-year loss but ‘optimistic’ it can turn it around with Christmas trading

Economics

3 h. ago John Lewis and Waitrose boss blames Rachel Reeves' tax hikes as losses balloon to £88m

John Lewis Partnership losses deepened following Labour's tax raid last year, but its boss has insisted there is 'good momentum' for the group's turnaround.

Economics

3 h. ago John Lewis and Waitrose owner loses £88 million after national insurance hike

The retail giant has reported a substantial half-year loss

Economics

3 h. ago FTSE 100 Live 11 September: Trainline shares surge, John Lewis loss widens

John Lewis Partnership today posted a half-year loss after highlighting the impact of higher National Insurance costs.

Politics

5 h. ago FTSE 100 Live 11 September: Trainline bolsters guidance, John Lewis posts loss

John Lewis Partnership today posted a half-year loss after highlighting the impact of higher National Insurance costs.

Politics

5 h. ago Losses widen at John Lewis Partnership after Budget tax increases

However, the employee-owned group said it is still ‘well positioned’ to deliver profit growth for the full year.

Economics

6 h. ago Rising costs push John Lewis Partnership into deeper loss; London tube strike enters fourth day – business live

Rising costs push John Lewis Partnership into deeper loss; London tube strike enters fourth day – business live  The Guardian

Economics

6 h. ago German exports threatened by trade war tariffs and weak demand; London tube strike enters fourth day – business live

German exports threatened by trade war tariffs and weak demand; London tube strike enters fourth day – business live  The Guardian

Events

50 h. ago London commuters turn to bikes and boats as Tube strike enters second day

London commuters turn to bikes and boats as Tube strike enters second day  Reuters

Events

50 h. ago London Tube strike enters third day with more disruption reported

London Tube strike enters third day with more disruption reported  BBC

Events

52 h. ago Anglo American agrees mining mega merger; Londoners face commuting struggles as tube strike enters second day – business live

Deal will create $53bn mining giant but raises fears of job cuts as headquarters moves to VancouverIn the markets, the FTSE 100 index has edged 0.2% higher while Germany’s Dax gained 0.15% and Italy’s FTSE MiB rose by 0.5%.France’s CAC climbed by 0.7%, despite political turmoil in the country. French president Emmanuel Macron is seeking his fifth prime minister in less than two years, after centre-right PM François Bayrou was ousted in a confidence vote on Monday, as expected. This toppled his minority government.A quiet Monday masks a big week ahead for US markets, with the Nasdaq hitting an all-time high as tech and retail led a modest rebound. The S&P 500 added 0.5%, while the Russell 2000 lagged after its recent run. Treasury yields continued their descent, with the 10-year near 4%, its lowest in five months, and the 2-year hovering around 3.5%, levels last seen in 2022.Markets are fully priced for a 25bps cut [from the Fed] this month, and expect more to come. With PPI, CPI...

Events

68 h. ago Commuters face severe disruption as London Tube strike enters second full day

Commuters face severe disruption as London Tube strike enters second full day  BBC

Events

6 d. ago High street giants to reveal sales as bosses warn over rising costs

Primark’s owner Associated British Foods and John Lewis Partnership are set to give investors an update on recent trading.

Events

6 d. ago John Lewis to hire thousands of Christmas staff in biggest ever recruitment drive

The John Lewis Partnership is hiring for 13,700 Christmas roles in its biggest ever recruitment drive as it prepares for the busy shopping season

Politics

6 d. ago John Lewis Partnership to hire 13,700 Christmas staff in major recruitment drive

The seasonal roles will include 3,000 across 35 John Lewis stores and 8,500 within Waitrose shops.

Politics

1 week ago Fourth day without water for Scots homes and businesses hit by pipe fault

Residents were warned not to drink tap water after a pipe fault at Rawburn treatment works, with bottled water hubs set up across the region.

Events

3 w. ago Waitrose boss James Bailey to leave supermarket chain in September

Mr Bailey has led the upmarket grocery business as its managing director since 2020.

Economics