Finance Links

J Sainsbury, the UK’s third biggest supermarket, will this week unveil a
dramatic slowdown in sales growth when it releases fourth quarter figures.

DSG International, the electricals retailer formerly known as Dixons, will
open 25 new “megastores” in the UK by Christmas, up from the eight
it has currently, in the latest stage of its turnaround programme.

The Frank Butchers and Swiss Toni’s of the second-hand car market face a
crackdown by the Office of Fair Trading (OFT) after the watchdog identified
numerous concerns in the £24bn used car market.

Greggs, the sausage roll and bakery chain, has warned that sales growth over
the next year is likely to be only “marginally positive” as the
consumer economy gradually comes out of recession.

Ineos Group, the privately owned chemicals and pharmaceutical company, plans
to refinance around €1bn (£896m) of its senior-term debt by issuing bonds.

A Chinese car-maker is set to take a controlling stake in London taxi cab
manufacturer Manganese Bronze, in a further reshaping of the global auto
industry.

Debenhams, the department store retailer, said that margins improved “significantly”
over the first half of its financial year following a reduction in the
number of third-party concessions in its shops and an increase in own-brand
products.

Morrisons raised its dividend after bargain hunters helped the Britain’s
fourth biggest supermarket chain post record full-year profits and sales.

John Lewis’s 70,000 staff in line to receive large bonuses as retail group reveals strong second half figures, reports James Hall

Toyota’s European president admits the car giant has made some major mistakes.