Bloomberg London Gatwick airport said it will scrap hundreds of flights over the peak summer travel period, hours after Amsterdam’s Schiphol hub took a similar step, as the aviation industry’s staffing crisis deepened. Gatwick, Britain’s second-busiest airport, will limit airlines to 825 flights a day in July and 850 a day in August, from a pre-pandemic peak of around 950 …

Bloomberg Tesco Plc said shoppers are buying fewer items and trading down to cheaper own-brand versions of staples in an “incredibly challenging” market hit by the worst inflation in 40 years. Britain’s biggest supermarket chain reported a greater-than-expected 1.5% decline in comparable UK sales in the first quarter, in fresh evidence of how rising prices are changing shopping behaviour. “Inflation …

  Bloomberg Kroger Co said grocery shoppers are “aggressively” turning to cheaper store brands as they wrestle with the highest inflation in four decades. Same-store sales for Kroger-branded products rose 6.3% in the first quarter, faster than the overall sales growth, the company said Thursday on its earnings call. Customers who are facing higher prices everywhere from the gas pump …