Lidl and Iceland censored under junk food ad rules April 15, 2026 Lidl and Iceland have become the first supermarkets to have adverts blocked by regulators under the government’s crackdown on junk food. The rules cover some sugary and fatty foods, including sweets, pizza and chocolate. The Advertising Standards Authority (ASA) has been policing the new ban since January, but today’s warnings are the first it has [...]
Tesco nears crucial update as Iran war threatens food inflation April 15, 2026 As the bosses of the country’s biggest supermarkets crowded into the chancellor’s office earlier this month, no voice will have been as loud as that of Ken Murphy, chief executive of Tesco. Rachel Reeves summoned grocery executives to discuss how the Iran war will impact Brits’ weekly shops, and Tesco’s results tomorrow will pull back [...]
John Lewis boss takes 20 per cent pay rise as retailer cuts jobs April 9, 2026 The new chairman of John Lewis took a pay rise and bonus despite the retailer cutting thousands of jobs. Jason Tarry saw his basic pay rate increase by 21 per cent and took a two per cent bonus, despite his firm slashing more than 3,000 jobs last year. Tarry took the reins of the John [...]
Reeves summons supermarket bosses again after snub March 31, 2026 Rachel Reeves has summoned supermarket bosses for a Downing Street meeting on Wednesday after being snubbed last week. The new meeting will be attended by executives at Sainsbury’s and Tesco but bosses at Asda, Aldi and John Lewis will miss out, supposedly due to diary clashes. The Chancellor hastily invited grocery executives to a meeting [...]
Brits go budget as ready meals replace restaurant dates March 4, 2026 Shoppers are opting for own-brand ready meals instead of fancy restaurant dinners in a boost for supermarkets. Brits are spending more on groceries but getting less for their money, as total till sales at UK supermarkets grew 3.3 per cent in the four weeks leading up to 22 February while the number of units sold [...]
Asda: Will 2026 be the year supermarket giant bounces back? December 26, 2025 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 boss bashes Budget as sales continue to drop November 28, 2025 Asda boss Allen Leighton has hit out at the Autumn Budget as anti-growth and anti-investment as sales as the supermarket giant stumbled due to an IT handover. The executive chairman said Chancellor Rachel Reeves’ Budget “didn’t do anything for anybody” and that “there’s nothing the government is doing that is stimulating growth”. Speaking to City AM [...]
Farmfoods: Iceland rival battles rising costs September 30, 2025 Budget supermarket chain Farmfoods has said rising costs weighed on its profit as it battled to keep prices down for its customers. The business, which is headquartered in North Lanarkshire in Scotland, has posted a pre-tax profit of £33.1m for 2024, up from the £25.5m it achieved in 2023. However, Farmfoods said “increased cost pressures” resulted [...]
Sainsbury’s FTSE 100 shares highest since 2014 after Argos talks September 15, 2025 Shares in FTSE 100 supermarket giant Sainsbury’s have surged to their highest value in more than a decade after it held brief talks to sell Argos to Chinese e-commerce giant JD.com. Sainsbury’s share price has jumped by almost five per cent in early trades this morning to 322p. The value is the company’s highest its [...]
Aldi issues Budget warning as profit slashed September 15, 2025 Profit at discount supermarket giant Aldi was slashed by more than £100m during its latest financial year despite sales passing the £18bn mark. New figures released by the chain show its operating profit declined from £552.9m to £435.5m in 2024. Aldi said the fall was as a result of it continuing to “lower prices for [...]