£100K isn’t a big salary – and we need to talk about it Opinion He lives in a grotty flat, shops in Aldi, can barely afford a holiday and earns £100k. Meet Henry: a High Earner Not Rich Yet. He may not attract sympathy, but he’s a symptom a failing economy, says Eliza Filby Nine out of ten Brits earning over £100,000 do not consider themselves wealthy. Maybe you [...]
Sunny spring boosts grocers as Brits buy 2,400 packs of strawberries every minute Retail The UK’s unusual burst of sun boosted purchases of fruit and ice lollies this spring, although food inflation continued to soar at the UK’s grocers. Higher prices for fresh meats, chocolate and butters drove food inflation to 4.7 per cent, its highest level since February 2024, according to data insights group Kantar. But Fraser McKevitt, [...]
Aldi denied permission to appeal Thatchers court ruling Legal Aldi has been denied permission to appeal against a court ruling that it infringed on the British cider brand Thatchers’ trademark with its cloudy lemon cider product. The Court of Appeal found against the discount supermarket giant in January after the family-owned cider maker launched a legal battle in 2022. Thatchers claimed that the supermarket [...]
Tesco: Supermarket giant widens market share amid price war June 12, 2025 Supermarket juggernaut Tesco delivered an upbeat trading statement for the first three months of the year as the price war in the competitive UK grocery market rumbled on. Food sales at the grocer were up 5.9 per cent year-on-year led by a strong performance in fresh food. Meanwhile, non-food sales climbed 6.2 per cent after [...]
Asda ‘making good progress’ despite sales continuing to fall May 29, 2025 The chairman of Asda has said the supermarket giant is “making good progress” despite its sales continuing to fall. The Leeds-headquartered chain has reported a revenue – excluding fuel – of £5bn for the three months to 31 March, 2025, the first quarter of its financial year. The total is a 5.9 per cent decrease [...]
Grocery inflation jumps to highest level in more than a year May 28, 2025 Grocery price inflation shot up to 4.1 per cent in May, driven by chocolate and suncare products in the hottest start to the month on record. The rise follows a 3.8 per cent jump in April and a 1.8 per cent rise in March, according to Kantar. “This latest jump in grocery price inflation takes [...]
Tesco and Sainsbury’s supplier hit in latest cyber attack May 20, 2025 A key logistics supplier to several of the UK’s major supermarkets, including Tesco and Sainsbury’s, has confirmed it is being held to ransom by hackers following a cyber attack that disrupted operations this week, following a string of assaults on UK retail in the last month. Peter Green Chilled, which also supplies Aldi, said it [...]
Higher chocolate prices push up grocery prices in March April 1, 2025 According to the latest data from market research company Kantar, higher prices for premium products pushed grocery prices up in March despite discounts on everyday items. Grocery price inflation rose slightly to 3.5 per cent over the four weeks to March 23 compared with a year ago. “With prices continuing to rise, supermarkets are mindful [...]
Aldi to cut up to 350 jobs at UK headquarters February 27, 2025 Discount grocer Aldi is set to cut up to 350 roles at its UK headquarters in Atherstone, near Birmingham, as cost pressures bite. The changes will affect some buying department positions, including non-food, finance and some back-office functions, according to reports. Aldi joins Tesco, Morrisons and Sainsbury’s in cutting jobs in the wake of October’s [...]
Thatchers: Historic cider maker cheers record sales after Aldi legal battle win February 25, 2025 Sales at family-owned cider maker Thatchers have surged to a new record as they passed the £200m mark for the first time in its 120-year history. The Somerset-headquartered business, which was established in 1904, has reported sales of £203.9m for the 12 months to 31 August, 2024. The new figure comes after the firm’s turnover [...]