J Sainsbury

Private equity body fights bank drought

The body which represents Britain's private equity industry has held secret talks with Treasury officials over concerns that buyout firms are facing a long-term borrowing drought. Simon Walker, chief executive of the British...

Pinching pennies

15-Nov-2008

Gordon Brown, hammer of the credit crunch, has set the tone. Lobby correspondents invited to the Downing Street Christmas party this year are being encouraged to bring their children - but also to bring their own presents for...

Asda cites savvy shopper as driver of sales growth

By Elizabeth Rigby, Consumer Industries Editor Asda's reputation as Britain's cheapest big supermarket chain appeared to be paying off yesterday as it reported far better underlying sales growth than its rivals. The Wal-Mart...

MICKEY CLARK'S MARKET REPORT: Financial sector hit by Paulson's bank U-turn

The fallout from the banking crisis and stock market collapse continues to shake investors who remain sellers of everything connected with the financial sector. Instead of using the money to buy-up toxic debt, he now plans to...

Sainsbury reports solid profits despite economic headwinds

By Elizabeth Rigby and Lucy Killgren J Sainsbury yesterday defied the strong economic headwinds that are beginning to batter Tesco, its bigger rival, as it delivered solid interim profits and sounded a rare note of optimism for...

Woolies feels the squeeze on credit

By Tom Braithwaite, Retail Correspondent Woolworths is being forced to demand cash up front for millions of pounds of Christmas goods in a dramatic sign of how the credit crisis is spreading into the broader economy. The...

MICKEY CLARK'S MARKET REPORT: China output dive takes toll on miners and oils

It's official - industrial output in China is slowing. Any remaining hopes that the country's soaraway economy could pull the rest of the world out of recession have been scuppered, and the Chinese blame slowing demand for...

Sainsbury's moneyoff drive pays off as profits rise

A massive push of own-brand product ranges and increased use of money-off promotions helped J Sainsbury, the UK's third largest grocer, report resilient first half profits. By James Hall, Retail Editor Sainsbury's said that...

FTSE 100 ends down thanks to Wall Street woes

Leading shares remained buoyant for a while today despite unemployment figures rising to an 11-year high and the Bank of England warning that the recession would be worse than feared.But the FTSE 100's resistance cracked after...

MICKEY CLARK'S MARKET REPORT: Dresdner adds its voice to the share buy chorus

Dresdner Kleinwort is the latest among a growing number of brokers that has begun urging clients to start looking to buy the stock market. It has raised its rating on the equity market from underweight to neutral, and insists...

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