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The Guardian

M&S reports strong festive sales but says UK firms will take hit from tax rises

The Guardian on
M&S reports strong festive sales but says UK firms will take hit from tax rises



Sales at food halls rise 8.9% over Christmas, with 23 December its biggest ever day of food tradingMarks & Spencer has hailed a “good Christmas” with strong sales of food but warned that British businesses face higher costs from the government’s tax increases.The UK retailer said sales at established food halls rose 8.9%, making its the top-performing grocer over Christmas, according to the analysts Kantar. Equivalent clothing, home and beauty product sales grew by 1.9% in the 13 weeks to 28 December. Continue reading…



Source link : https://www.theguardian.com/business/2025/jan/09/m-and-s-reports-strong-festive-sales-but-says-uk-firms-will-take-hit-from-tax-rises

Author : Julia Kollewe

Publish date : 2025-01-09 08:34:00

Copyright for syndicated content belongs to the linked Source.

Tags : The Guardian

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