U.K. Disposable Income Plunges as Economy Contracts 0.3%

U.K. Disposable Income Plunges as Economy Contracts 0.3%

Chris Ratcliffe/Bloomberg

London-based J Sainsbury Plc, the U.K.’s third- largest supermarket company, said June 13 sales growth slowed in the first quarter as a soggy start to the summer led to fewer barbecues during three-day weekends.