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Major shipping disruption in the Red Sea will trigger price rises in the UK, experts warn. From food prices to energy bills and interest rates, here are the areas of your household budget likely to be hit.
Bosses at the supermarket giant said its growth was boosted by investment to keep prices low.
Both retailers beat market expectations for growth over the festive season but while M&S saw leading food growth, Tesco is the one able to lift its earnings expectations.
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Like-for-like Irish sales up 5.5% for Christmas period
Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending...