Sainsbury's has reported a fall in its pre-tax revenue, because it reveals it has spent greater than £560m on "keeping our prices low over the last two years".The grocery store chain mentioned that within the 12 months ending 4 March, its group gross sales had been up 5.4% to £35.15bn, however underlying revenue earlier than tax was £690m - down from £730m on the identical time final 12 months. Chief govt Simon Roberts mentioned: "We really get how tough life is for so many households right now which is why we are absolutely determined to battle inflation for our customers."Our deal with worth has by no means been larger and we've spent over £560m preserving our costs low over the past two years."As a result, we are now the best value compared to our competitors that we have ...

The U.S. Chamber of Commerce, the enterprise lobbying group traditionally aligned with conservatives, stated Wednesday it doesn't help House Republicans’ efforts to repeal Democrats’ clean-energy tax credit in a GOP proposal to boost the debt ceiling. The House is anticipated to vote Wednesday on laws to h...