Inflation's transformative impact on long-held shopping habits amongst Britons is becoming clearer according to a new research report released today by consumer research platform Attest .
It found that a wide majority – 7 in 10 (70%) – of consumers have acquired a taste for supermarkets' own label brands and have no intention of reverting to more household (and expensive) names.
Ocado shares sink as higher costs lead to EBITDA loss - UK Investor Magazine
Ocado shares were falling on Tuesday after the premium online food retailer said that although revenue had marginally increased, higher costs caused a swing to an EBITDA loss.
"Ocado Retail has seen losses mushroom. Despite a 13% increase in active customers, volumes haven't followed suit, meaning the cost to serve all those online orders has become a burden,” said Sophie Lund-Yates, Lead Equity Analyst at Hargreaves Lansdown
France travel round-up: Strike disruption, rail scam and tomato dig
The big travel story of the week was confirmation from the European Commission (EC) that the EU's new Etias visa-waiver system has been delayed again.
First proposed in 2016, the €7 online application for permission to enter the EU has been beset by holdups and is now not expected until 2024.
What sets brilliant growth shares apart?
It can be easier to identify strong income shares, because often they have a long business track record. That can help me consider what they might be able to achieve in future, although past performance is not necessarily an indicator of what will happen next.
With many growth shares, though, a limited track record and sometimes undeveloped customer market can make it more challenging for me to decide how well I think they may perform in future.
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