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Market report: Slow progress at Sainsbury, Burberry and Astra up, but warning hits recycler Renewi

Supermarket chain Sainsbury (SBRY) reported a hefty slump in half year profits as it continues to grapple with stiff competitive pressures. Pre-tax profits fell from £220m a year ago to £132m in the six months to 22 September with like-for-like sales barely making any progress, up just 0.6%. The supermarket group blamed the drop in profits on a number of charges, including the integration of ...
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