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Asda

  • Asda tycoons’ private jets flew to the Caribbean 50 times, data reveals

    April 22, 2024

    The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.

  • Asda bosses warned payroll switch could cause problems, report claims

    April 21, 2024

    Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.

  • Asda: Billionaire Zuber Issa close to selling £500m stake in supermarket giant to TDR Capital

    April 19, 2024

    Billionaire Zuber Issa is close to completing talks to sell his £500m stake in Asda to its private equity backer, TDR Capital, according to reports.

  • Over 400 Stonegate pubs in London risk closure, GMB claims

    April 19, 2024

    Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.  

  • CMA greenwashing probe: Asda, Asos and Boohoo promise clarity on eco-claims

    March 27, 2024

    Top fashion retailers Asos, Boohoo and George at Asda, have signed undertakings to clarify the way they promote and display their environmental credentials, the competition watchdog has said.

  • Asda IT glitch leaves some employees missing two weeks of pay

    March 24, 2024

    Close to 10,000 Asda employees have received incorrect payslips following an IT glitch. 

  • Government to fully fund apprenticeships for small firms, Rishi Sunak to announce

    March 18, 2024

    The government will fully fund apprenticeships for small and medium sized enterprises (SMEs) with a £60m investment in up to 20,000 training places, Rishi Sunak will announce.

  • Asda: Issa brother to step back and hire new chief executive

    March 1, 2024

    Mohsin Issa, one half of the billionaire family duo which owns Asda, has confirmed he is stepping back from the day to day running of the business. 

  • Zuber Issa exploring £500m sale of Asda stake in split with brother

    February 4, 2024

    One of the billionaire Issa brothers, who together co-own Asda alongside a private equity firm, is reportedly trying to offload his stake in the supermarket as it grapples with a mounting debt pile.

  • EY quits as Asda’s auditor amid criticism of Issa brothers

    January 28, 2024

    Big Four accountant EY quit as Asda's auditor last summer in another blow to co-owners Moshin and Zuber Issa.

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