Budget taxes see losses widen at John Lewis Partnership
The John Lewis Partnership (JLP) has posted an £88 million loss for the past half-year after being hit by increases to national insurance contributions and packaging taxes.
However, the employee-owned group, which runs the John Lewis department store chain and Waitrose grocery business, said it is still “well positioned” to deliver profit growth for the full year.
It said pre-tax losses before exceptional items grew to £34 million for the 26 weeks to July 26.
Karl Matchett11 September 2025 09:05
Beware the QR code: How a new scam is costing consumers £10,000 per day
Whether you’re ordering drinks to your table in a pub or want to pay for car parking, QR codes make life simple.
A quick scan of a black-and-white grid on your mobile phone takes you straight to a website to carry out the transaction.
But that harmless-looking square can now hide a cunning scam.
Karl Matchett11 September 2025 08:52
Business and Money live – 11 September
Morning all – another weekend is fast approaching but there’s a lot to get through before then on the business and money side.
Tomorrow in the UK we’ll get GDP figures of course, but today there’s reaction to Klarna’s successful listing as a public company, the UK government getting hammered by both domestic and overseas companies and plenty more besides.
Karl Matchett11 September 2025 08:23