Aldi tops headlines as UK arm boosts pay by 2.5% ahead of minimum wage rise, lifting overall wages vs inflation. German discount retailer founded by Karl & Theo Albrecht; now 13,500+ stores in 18 countries.
A round-up of fresh company updates shows mixed earnings across retailers and tech-adjacent firms. Pennon sees improving profit as storms and tariffs weigh on penalties; Mitie reports rising revenue and progress on strategy ahead of leadership change; S4 Capital trims job cuts while pursuing AI-driven growth; Debenhams, Macy’s, Ulta and Asda publish updates amid a churning retail landscape.