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      Dimon casts doubt over JP Morgan’s London tower with tax warning to Burnham

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Tesco

  • Discounters Aldi and Lidl keep taking market share as Brits now pay £571 more for groceries

    September 13, 2022

    Discounter Aldi has become Britain’s fourth largest supermarket for the first time while Lidl’s market share is also in the lift, according to new data out this morning. The findings come as Brits are now paying a record £571 more on average for their groceries than last year Grocery price inflation hit 12.4 per cent [...]

  • Lidl joins Sainsbury’s, Tesco and Primark to shut shops for Queen’s funeral

    September 12, 2022

    Top supermarkets and retailers including Lidl, Waitrose and Sainsbury’s are set to shut their UK stores on the day of Queen Elizabeth II’s funeral. Major retailers B&Q and Primark will also close shops for the bank holiday to mark the Queen’s state-funeral next Monday. Some supermarkets are also working on plans to cut some of [...]

  • Cannabis products including oil, chocolate balls and gummies soon to be sold at Tesco

    September 3, 2022

    Medicinal cannabis products including oil drops, chocolate balls and gummies will soon be stocked at Tesco after Love Hemp agreed a deal with the supermarket giant. Six of the brand’s products will be rolled out across more than 200 Tesco stores in the UK and online, it said today. London-listed Love Hemp uses CBD, derived [...]

  • Morrisons, Tesco and Sainsbury’s suspend sales of disposable barbecues amid heatwave

    August 12, 2022

    Morrisons, Tesco and Sainsbury’s are among a slew of household names to halt sales of disposable barbecues owing to warm weather concerns. There have been warnings about potential fires due to high temperatures this summer, as large swathes of the country have been categorised as drought status. Morrisons said in a statement on Friday: “In [...]

  • High street names including Tesco and Greggs call on Tory leadership candidates to slash ‘shop tax’

    August 9, 2022

    A coalition of retailers including Morrisons, Greggs and Tesco, have called on the Conservative party leader candidates to slash business rates. The Retail Jobs Alliance has called on both Rishi Sunak and Liz Truss to pledge to cut business rates, which it said were “killing our high streets”. The group, consisting of Co-op, Greggs, Kingfisher, [...]

  • Cost of living: Morrisons follows Tesco and Asda in announcing fuel price cut of 6p per litre

    August 3, 2022

    Morrisons is the latest supermarket to announce it is slashing the price of fuel, as households struggle to stay afloat amid a cost of living crisis. The retailer said on Wednesday that it had cut the cost of unleaded and diesel by an average of six pence a litre over the last week at all [...]

  • Tesco joins petrol pump war with 6.5p cut to unleaded after Asda’s 9p drop

    August 2, 2022

    Tesco has slashed its prices for petrol to help customers manage with the cost of living crisis. The supermarket giant said the price of unleaded is set to fall by 6.5p and diesel by 4.5p, as many consumers and businesses continue to struggle with rising energy costs. “We know how tough rising fuel bills have [...]

  • Tesco and Heinz resolve pricing war with products set to return to shelves

    July 8, 2022

    Tesco and Heinz announced they had resolved a pricing war today and said “lorries full of Heinz products” will “hit the road shortly”, after the grocer pulled the firm's products from shelves at the end of last month.

  • Whiskas and Pedigree owner halts supplies of pet foods to Tesco in latest price dispute

    July 5, 2022

    Tesco shoppers looking for pet food brands Whiskas and Pedigree have been left disappointed after supplies were paused in another price row involving the UK’s largest grocer. The supermarket explained empty shelves by arguing it had refused to “pass on unjustifiable price increases” to its shoppers, The Guardian reported. In images posted by Steve Dresser, [...]

  • Tesco kicks off £150m share buyback programme

    July 4, 2022

    Tesco announced today it will kick off a £150m share buyback programme as bosses look to put excess cash back in shareholders' pockets.

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