Shoppers could face higher prices as a growing number of big British firms warn about the cost of the National Insurance (NI) tax rises on employers announced in last week's Budget. Sainsbury's and Marks & Spencer have hinted at price rises,

Sainsbury's boss Simon Roberts has ramped up pressure on Chancellor Rachel Reeves by warned customers will be hit by higher inflation because of extra costs, including the national insurance hike in t

Sainsbury's profit has halved due to the cost of restructuring its financial services arm, despite strong supermarket sales.

Two of Britain's biggest businesses, BT and Sainsbury's, said tax changes in last week's budget would fuel inflation, a view already playing into the Bank of England's longer term interest rate plans.

SHOPPERS will face higher food prices after the Budget’s tax raid on employers, the boss of Sainsbury’s has said. Simon Roberts, chief executive of the UK’s second biggest supermarket, said the