Asos, Boohoo and George by Asda probed by watchdog on green claims July 29, 2022 Asos, Boohoo and Asda’s clothing arm George will be investigated by the competition watchdog to work out whether their green claims are misleading shoppers. The Competition and Markets Authority (CMA) said retailers could face court action if their sustainability claims are found to be misleading. Fashion collections, such as ‘Responsible edit’ from ASOS, Boohoo’s current [...]
Outgoing CMA chief still has ‘anxiety’ about the path of competition regulator July 28, 2022 Outgoing chief of the competition watchdog Andrea Coscelli has said he still has “anxiety” about the UK’s regulatory position.
Salesforce UK chief: Govt needs to do more to fix skills gap ‘crisis’ in tech July 22, 2022 The government needs to do more to fill the tech skills shortages, says UK Salesforce Executive Vice President and CEO Zahra Bahrololoumi.
Fuelling the fire: Independent retailers ignite petrol price war to attract motorists July 21, 2022 Petrol retailers have kickstarted a price war, with independent vendors slashing costs at the pumps to lure in motorists as the cost of living crisis deepens.
Government and major businesses work together to help households with cost of living July 21, 2022 The government will collaborate with leading businesses to help UK households facing the cost of living crisis, it said today. The Cost of Living Business Tsar and ex-chief of Just Eat David Buttress agreed retail deals and discounts with major businesses in the UK like Asda, Sainsbury’s, Amazon, and Vodafone as part of the Help [...]
Heatwave: London fire chief calls for urgent barbecue ban as blazes rage in record heat July 19, 2022 An urgent and immediate ban on disposable barbecues has been called for by the London Fire Brigade as multiple blazes rage across the country. The emergency service said it had attended more than 1,000 grass and open land fires since the start of June, as the UK recorded its hottest ever temperature today. The Brigade’s [...]
Supermarket shoppers face £454 extra to yearly grocery bill as inflation bites July 19, 2022 Shoppers are now facing a £454 increase to their annual supermarket bills, with grocery price inflation edging towards the highest level since 2008. According to the latest numbers from Kantar, grocery price inflation now sits at 9.9 per cent for the past four weeks. This marks the second highest level of inflation seen since 2008, [...]
Tory leadership race: UK retail titan Lord Stuart Rose backs Rishi Sunak July 14, 2022 The Conservative party should choose Rishi Sunak as its next leader as he has a “big brain” and understands “the need for us to get our economy back on track”, according to Asda chair Lord Stuart Rose. Rose – who was previously chief executive at Argos, Marks & Spencer and the Arcadia Group – said [...]
‘Pump-price competition is broken’: AA disagrees with watchdog’s verdict that 5p tax duty cut WAS passed on at the pump July 8, 2022 Motoring groups have disagreed with Competition and Markets Authority’s verdict that the 5p fuel duty cut was reflected in pump prices, as the watchdog calls for further investigation and more transparency. The CMA’s urgent review, ordered by Business Secretary Kwasi Kwarteng, found an increase “refining spread” added 24p a litre to petrol and diesel over [...]
Lurpak row: ASDA says £6 butter with security tag is not UK-wide policy or related to cost of living crisis July 5, 2022 ASDA has said it does not have a UK-wide policy to put security tags on butter in relation to the cost of living crisis. The supermarket giant responded after a journalist shared an image on social media, showing a pack of Lurpak in one of its stores, costing £6, with a tag on. This comes [...]