Sainsbury’s has reported a slowdown in sales growth, after poor summer weather affected trade.
Like-for-like sales, excluding petrol, were up 3.1 per cent in the 16 weeks to October 6 - down from a rate of 5.1 per cent in the previous quarter.
The slowdown is in line with recent results from rival chains Tesco and Morrisons.
Sainsbury’s made no comment about Qatari investment fund Delta Two’s attempts to take it over.
The supermarket has opened its books to Delta Two, which is planning a 600p-a-share bid valuing Sainsbury’s at £10.6 billion.
However, recent reports have said the Sainsbury family would look to block a Delta Two bid if it fails to strike a deal with pension trustees.
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