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Tesco

  • The best (and worst) Christmas sandwiches in supermarkets, from Tesco to Pret

    December 3, 2025

    Has there ever been a more exciting way to pep up a working lunchtime than with a Christmas sandwich? Probably. Still, take a moment out of your day this week to celebrate the arrival of December by treating yourself to a seasonal sarnie (if you’re a seasonal Scrooge, here is our pick of the most [...]

  • Who is ‘Drastic Dave’, the man sent to save Diageo?

    November 11, 2025

    Diageo shareholders breathed a sigh of relief this morning after the FTSE 100 drinks giant unveiled the appointment of its new chief executive, Sir Dave Lewis. Shares rose 7.5 per cent in morning trading to 1,856 pence following the selection of the retail and consumer goods veteran, rebounding from their sharp drop last Thursday following [...]

  • Retailers hit by subdued October as Budget threat looms 

    November 11, 2025

    UK retailers suffered a “subdued” October as Brits tightened their pockets ahead of what is expected to be a tax-heavy Autumn Budget. Retail sales increased 1.6 per cent year-on-year but remained below the 12-month average of 2.1 per cent, marking the weakest growth since May. The new data from the British Retail Consortium (BRC) and [...]

  • Guinness owner Diageo shares rocket after appointment of ‘Drastic Dave’

    November 10, 2025

    Shares in FTSE 100 drinks giant Diageo have rocketed after the appointment of a new chief executive with an impressive turnaround record. News of the appointment of retail and consumer goods veteran Sir Dave Lewis saw shares in the struggling giant rise 6.8 per cent in early morning trading to 1,845p, rebounding from their sharp [...]

  • ‘Subdued’ services sector suffers steep drop as tax hikes bite

    October 3, 2025

    Business activity expansion fell to a five-month low after a “subdued” services sector experienced a dull end to the third quarter. S&P’s UK Services Purchasing Managers Index Business Activity tumbled to 50.8 in September, falling steeply from the 16-month high of 54.2 secured in August. “This summer’s acceleration in output growth is now looking like [...]

  • Tesco boss warns Reeves that ‘enough’s enough’ ahead of Budget

    October 2, 2025

    Tesco boss Ken Murphy has warned Rachel Reeves that business will struggle to absorb more costs as fears rise of another tax raid in this Budget. UK retailers were hit by higher labour costs after an increase in the minimum wage and employer’s national insurance costs this April, after changes made at last October’s budget [...]

  • Coco di Mama bets on meal deals as it launches in Tesco

    September 12, 2025

    Coco di Mama has announced the launch of a range of freshly made Italian sourdough sandwiches in Tesco’s premium meal deal as it bets on the grocery market. The launch follows a “hugely successful” debut year in retail with its range in Sainsbury’s’ £5.50 meal deal. “Capital-light, fast-growing channels,” are the focus of the brand at [...]

  • Tesco Mobile returns to profit thanks to Samsung Galaxy

    September 9, 2025

    Tesco Mobile returned to profit thanks to Brits’ demand for premiums handsets such as the Samsung Galaxy S24 series, it has been revealed. The provider, which is a joint venture between the supermarket giant and Virgin Media 02, has posted a pre-tax profit of £1.2m for 2024, new accounts filed with Companies House show. The [...]

  • Retailers’ woes stretch into second day after bearish Deutsche note

    August 27, 2025

    A sell-off affecting some of the UK’s largest retailers has extended into a second day, after an analyst warned the spectre of higher taxes in the Autumn Budget, a softening labour market and sticky inflation will dent consumers’ spending habits. Shares in AB Foods, Wickes and B&Q-owner Kingfisher all shed between one and 1.5 per [...]

  • Jubel CEO: ‘We’re doing something different and it’s working’

    August 27, 2025

    When CEO and founder of Jubel, Jesse Wilson, left his corporate role to create his own lager, he knew he wanted to carve out a peach-shaped niche in a saturated beer market. Since its launch in 2018, Jubel has reached that goal, with its trademark fruity lager on tap in nearly 1,500 pubs across the [...]

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