Shares in Tesco, Sainsburyβs and M&S have fallen as higher salaries and increased national insurance contributions, together with inflation and higher-for-longer interest rates, set the tone for a challenging year ahead.
Car sales fell 3% to 1.98 million last year in a challenging global market, with top-end vehicle sales weighed by market conditions in China, model changes and weak electric-vehicle demand.
The stock dropped after the videogame maker said it expected a decrease in third-quarter net bookings and pushed back the release of its blockbuster game for a second time.
The consumer-electronics company maintained its full-year guidance and said it is now ready to accelerate its strategic plan to drive profitable growth.
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.
Companies seeking to benefit from campaign promises to cut regulations and taxes are ditching diversity and climate initiatives; βEVERYBODY WANTS TO BE MY FRIEND!!!β