City Diary
The following business news is expected tomorrow:
• Sainsbury's is due to release an update on trading. It has been reported the supermarket giant has been losing ground on some of its lower-cost rivals, which have seen popularity boom as cash-strapped consumers cut back. In the first quarter it saw sales rise by 8.1 per cent, although only 4.5 per cent when fuel is stripped out.
• Also due for a trading update is chocolate and toffee maker Thorntons, which has previously recorded good growth despite the economic downturn.
• On the economic front, the British Retail Consortium's shop price index is due.
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Weather for Edinburgh
Wednesday 15 February 2012
Today
Cloudy
Temperature: 6 C to 11 C
Wind Speed: 18 mph
Wind direction: West
Tomorrow
Cloudy
Temperature: 6 C to 11 C
Wind Speed: 20 mph
Wind direction: South west
