Sainsbury’s says shoppers are delaying spending in run-up to budget
NegativeFinancial Markets

Sainsbury’s says shoppers are delaying spending in run-up to budget
Sainsbury's CEO Simon Roberts has expressed concern over consumer spending habits as shoppers are becoming more cautious ahead of the upcoming budget. He urged Rachel Reeves to avoid tax increases on retailers and suppliers, warning that such measures could further fuel inflation. This situation is significant as it highlights the challenges faced by retailers in a tightening economic climate, where consumer confidence is wavering and spending is being delayed.
— via World Pulse Now AI Editorial System







