Supermarkets, including Sainsbury’s and Tesco, are concerned about Labour’s increase in employer national insurance contributions which could significantly add to their costs, leading to job losses and higher prices for customers. Companies like Asda, Sainsbury’s, and Marks & Spencer have already warned of millions in extra costs, potentially resulting in higher inflation rates and impacting interest rates, with experts predicting inflation to rise by 0.4% and interest rates to reach 4.75% by the end of the year.
Full Article
The Stocks That Could Make Your Grandkids Rich as Kings
Young people have the potential to become multimillionaires due to their extended time for investments to grow. The article explores various promising investment options that can be recommended to children and grandchildren, emphasizing the importance of early financial education and smart money management. Need More Context? 🔎
Read more