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Iceland

  • Iceland versus Iceland: Trademark feud put on ice

    Retail

    The decades-long trademark dispute between UK retailer Iceland and its Nordic namesake looks to be thawing as the supermarket’s boss offered discounts for shoppers in Reykjavik.  Executive chair Richard Walker has signalled an end to the frosty dispute between Iceland and Iceland which was kicked off by his father, the retailer’s co-founder Malcom Walker. The [...]

    Iceland has reported its latest financial results.
  • Asda: Will 2026 be the year supermarket giant bounces back?

    Retail

    This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes. After a rollercoaster 2024 in which it struggled with debt, strikes and falling sales, the Leeds-headquartered supermarket giant was hoping the new year would begin to reveal green shoots of recovery. Under [...]

    Asda House sign on a building exterior, representing the companys headquarters and corporate presence.
  • Iceland in the red as Rachel Reeves’ tax raid forces prices higher

    Retail

    Iceland has warned it is being forced to increases prices because of Chancellor Rachel Reeves’ tax raids as the supermarket chain fell into the red. The Flintshire-headquartered said that while it is “doing our utmost” to offset increasing costs arising from last year’s Autumn Budget, it will “inevitably have to pass some of these on [...]

    Supermarket chain Iceland has said it has been forced to raise prices because of Chancellor Rachel Reeves' Autumn Budget (Photo by Leon Neal/Getty Images)
  • Britain’s space launch programme could be thwarted by NATO

    May 19, 2025

    Aspirations of UK space launch will soon collide with the new geopolitical realities of global security, writes Susan Walton.

  • Airlines battle for a slice of the Arctic – who stands to gain?

    December 10, 2024

    Demand for Arctic travel is booming, driven by attractions such as the Northern Lights. Who stands to gain?

  • Iceland sheds 1,000 jobs as sales pass £4bn and loss slashed

    August 6, 2024

    Sales at supermarket giant Iceland passed the £4bn mark during its latest financial year as its pre-tax loss was slashed by more than £30m, according to newly-filed accounts. The Flintshire-headquartered chain has posted a revenue of £4.2bn for the year to March 29, 2024, up from the £3.9bn it reported during the prior 12 months. [...]

  • Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground

    June 18, 2024

    Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures.

  • Tesco, Sainsbury’s, Aldi: Who owns Britain’s biggest supermarkets after Asda takeover?

    June 12, 2024

    British supermarkets like Tesco, Asda, Sainsburys, and Waitrose might be household names, but who is pulling their strings?

  • Iceland boss thanks medics who ‘saved his life’ after collapse in London Marathon

    April 22, 2024

    "I collapsed and fell unconscious less than 2 miles before the London Marathon finish line with hyperthermic shock - body temp was 42 and rising."

  • Sadiq Khan: Starmer attacking Sunak for ‘betting on misery’ won’t put business off Labour

    January 30, 2024

    Sadiq Khan has insisted Sir Keir Starmer’s attack on Rishi Sunak for “making millions from misery” during the financial crisis won’t put businesses off the Labour Party.

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