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Tesco

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Hourly

News

UK retailers see weak sales growth in November despite Black Friday deals

UPDATE 1-UK retailers see weak sales growth in November despite Black Friday deals Retail sales up 2.7% year-on-year -BRC Pressure on discretionary spending Food sales more robust Adds detail, Quiz warning paragraph 2, analyst comment paragraph 3, Kantar data paragraph 8 By Suban Abdulla LONDON, Dec 5 (Reuters) - British retail sales growth remained sluggish in November despite Black Friday deals, as the ongoing cost-of-living squeeze prompted shoppers to rein in spending on non-essential items,
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UK grocery inflation slows again -Kantar

UK grocery inflation slows again -Kantar UK grocery inflation slows to 9.1% in November - Kantar Cost of Christmas dinner up 1.3% year-on-year Sainsbury's has largest market share gain in over a decade By James Davey LONDON, Dec 5 (Reuters) - British grocery inflation slowed again in November, while the rise in the cost of a traditional Christmas dinner is tracking well below the headline rate, industry data showed on Tuesday.
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Qatar to sell around $644 million shares in Barclays

UPDATE 2-Qatar to sell around $644 million shares in Barclays Adds background on Qatar's investment, Barclays' strategy paragraphs 2-4, 6-10 By Pablo Mayo Cerqueiro and Juby Babu Dec 4 (Reuters) - Qatar Holding is looking to sell around 510 million pounds ($643.72 million) of shares in Barclays BARC.L , one of the banks acting on the deal said on Monday, cutting back on its crisis-era investment in the British bank.
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J.P.Morgan sees weaker European food retail in 2024/25

BUZZ-J.P.Morgan sees weaker European food retail in 2024/25 ** J.P.Morgan expects disinflation to continue impacting sales and margins of the European Food Retail sector in 2024/25 ** JPM says nothing structurally improved in food retail in 2020-23, whilst some companies now appear to be over earning ** The broker downgrades Tesco TSCO.L and Metro B4B.DE to "underweight" from "neutral", contributing to a total of six sector stocks rated as "underweight" and only Colruyt COLR.BR at "overweight" *
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Antofagasta, Ashtead Group, Close Brothers Group

EUROPE RESEARCH ROUNDUP-Antofagasta, Ashtead Group, Close Brothers Group Dec 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Antofagasta, Ashtead Group, and Close Brothers Group, on Friday. HIGHLIGHTS * Antofagasta ANTO.L : Jefferies cuts to hold from buy * Ashtead Group AHT.L : HSBC cuts target price to 5430p from 6860p * Close Brothers Group PLC CBRO.L : Peel Hunt cuts PT to 785p from 832p * LVMH LVMH.PA : Morgan Stanley cuts t
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