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  • Asda donates money to help food banks during coronavirus crisis as supermarkets offer new jobs

    March 23, 2020

    Supermarket chain Asda will donate £5m to partner charities. The donation to the Trussell Trust and FareShare is part of an effort to help four million vulnerable families. “This funding will help us recruit and train new food bank volunteers across the UK, and support the coordination of packing and delivering pre-made food parcels to [...]

  • Morrisons cuts fuel prices as oil prices dip lower

    March 23, 2020

    Supermarket Morrisons has announced a reduction in forecourt fuel prices. Effective from today, unleaded and diesel will be reduced by 12 and 8p a litre respectively. Morrisons said this will save the average customer £6 on unleaded and £4 on diesel. Although prices vary locally, Morrisons currently charges 116p a litre for unleaded and 118.5p [...]

  • ‘We should all be ashamed’: NHS England boss calls for end to panic-buying

    March 21, 2020

    The medical director of NHS England has said everyone should “be ashamed” that vital healthcare staff were being deprived of supplies due to panic-buying. Stephen Powis called on the public to think of those working long days to look after our loved ones when shopping. The appeal came at the government’s daily coronavirus briefing today, [...]

  • Home workout: Easy ways to stay in shape amid Covid-19

    March 18, 2020

    What a crazy few weeks it’s been. The City is quieter than I’ve ever seen it – it’s like a ghost town out there. Few of us have ever experienced this kind of mass uncertainty, and that makes it more important than ever to look after ourselves. Thankfully, although we might be locked inside, there [...]

  • Coronavirus: Ocado closes website down as demand soars

    March 18, 2020

    Online supermarket Ocado has closed its website for several days as it grapples with a surge in demand due to the coronavirus pandemic.  The delivery company said it is temporarily shut until 21 March in order to “complete essential work” to make product and delivery slot distribution as “fair and accessible” as possible.  In a [...]

  • Coronavirus: Supermarkets mull streamlining stores to cope with spike in demand

    March 16, 2020

    The biggest supermarkets in the UK are mulling cutting cafe, counters and other services to focus on maintaining basic provisions as the demand for essential items and hygiene products soars during the coronavirus outbreak.  Bosses are stepping up their contingency plans to keep stores running if staff take sick leave or if a potential mass [...]

  • Walmart edges closer to Asda sale as buyout firms bid

    March 16, 2020

    US retail giant Walmart has edged closer to a sale of Asda after three private equity firms competing to buy the supermarket reportedly made it through to the next stage of bidding. Buyout firms Apollo Global Management, Lone Star Funds and TDR Capital submitted first round offers for the UK grocer and have been invited [...]

  • Coronavirus: Supermarkets urge customers to stop stockpiling

    March 15, 2020

    UK supermarkets have called on the UK public to stop stockpiling in response to coronavirus as fears mount that some people could be left without essential products.  In an open letter to customers, the country’s biggest food retailers, including Sainsbury’s, Tesco Asda and Morrisons, called on consumers to “be considerate in the way they shop” [...]

  • Morrisons moves to support supply chain through coronavirus outbreak

    March 13, 2020

    Morrisons will make immediate payments to smaller businesses and re-classify suppliers to help 1,000 more firms as it moves to protect its supply chain from the impact of coronavirus.  The grocer will temporarily scrap its 14 day payment terms and pay small suppliers as soon as an invoice is received.  Morrisons also said it will [...]

  • Budget 2020: Business rates cut for more small leisure and retail firms

    March 11, 2020

    Small retail, leisure and hospitality businesses will be exempt from paying business rates for one year as part of an emergency budget to protect the economy from the impact of the coronavirus outbreak. All retail, leisure and hospitality businesses with a rateable value of less than £51,000 will be exempt from paying business rates over [...]

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