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Critics concerned as Wagestream offers loans of up to £25,000 to workers at Pizza Express, Asda and others‘The app’s like candy’: Wagestream borrowers’ concernsLow-wage workers are being offered a controversial new type of high-interest loan of up to £…
Discounter to invest in keeping prices down and putting more staff on the shop floor as it reports drop in salesBusiness live – latest updatesNew business taxes mean that “the consumer is feeling it” as companies pass on their costs to shoppers, accord…
With sales and market share shrinking, the notion that the chain could imperil Tesco and Sainsbury’s always felt fancifulLidl close to overtaking Morrisons as UK’s fifth-biggest supermarketFive months ago, the talk in supermarket-land was of price wars…
Tesco, Asda and Sainsbury’s said they had ‘immediately’ suspended supplies from Somerby Top Farm after piglets kicked by workersThree of the UK’s biggest supermarkets have suspended supplies from a Lincolnshire pig farm after footage filmed covertly by…
Sunday’s England v Spain match set to be most-watched women’s football match in UK history, benefiting food, drink and hospitality industriesThe climax of the exhilarating women’s Euros, as the Lionesses attempt to atone for their loss to Spain at the …
Group battles heavy debts and problems transferring IT systems from former parent WalmartThe owner of Asda slumped to a near £600m loss last year as sales at the supermarket group fell and the cost of servicing its debt pile increased.The UK’s third-bi…
Grocers turning to Australia, Poland and Uruguay for meat, prompting claim they are undermining British farmersCheap chicken and beef from Australia, Poland and Uruguay is on the rise on UK supermarket shelves, according to the National Farmers’ Union,…
Sales at UK’s third largest supermarket fell 3.1% in four months to April, as rival Aldi announces big expansionAsda is unlikely to see growth before the end of this year at the earliest, the supermarket’s chair, Allan Leighton, has said, as sales cont…
Increase of 4.1% in past month driven by rising cost of chocolate, butter and sun cream, says KantarBusiness live – latest updatesGrocery price inflation in the UK jumped to 4.1% in the past month – the highest level since February 2024 – driven by the…
Asda claims to have ‘pretty significant war chest’ but analyst says it is unclear if it can commit to months of cutsMore than £4bn has been wiped off the value of Tesco, Sainsbury’s and Marks & Spencer stock since Friday amid fears that rival Asda …