JD Sports has recorded a near 20% year-on-year drop in its profit before tax, totalling £294m, as cost-of-living pressures hit its consumers.

The sports fashion retailer said its performance in the 26 weeks to 1 August was resilient against a challenging backdrop, as its sales dropped by 0.8% to £5.89bn.



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For most employees, pension saving happens in the background. Contributions are paid in each month, but few people make an active investment choice.