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2328 Search results for Morrisons

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  • Trump’s tough stance on DEI costs Big Four giant Deloitte millions

    Big Four

    Deloitte has agreed to pay the US government $21.5m to settle allegations that it violated federal ‘equal opportunity’ requirements in its contracts, as the Trump administration continues its crackdown on diversity, equity, and inclusion. The US Justice Department claimed that from 2017 to the present, the Big Four giant had falsely said it had complied [...]

    Deloitte building exterior at dusk with illuminated offices and company logo visible
  • Morrisons pledges to slash prices as price war intensifies

    Retail

    Morrisons has pledged to match prices with its rivals on hundreds of products, as the debt-ridden grocer ramps up an emerging price war between UK supermarkets.  The private-equity-owned supermarket has vowed that 500 of its “everyday essentials” will not be found cheaper at any of Tesco, Sainsbury’s, Asda, Aldi or Lidl.  Britain’s supermarkets are fighting [...]

    Shopper holding a basket filled with Morrisons groceries, including tortilla chips, bread, and flour, next to an Unbeatabl...
  • Can debt-ridden Morrisons become a Big Four supermarket again?

    Retail

    “Nothing but difficult” is how one retail analyst describes the road ahead for Morrisons boss Rami Batiéh. Since taking charge of the grocer in November 2023, the chief executive has faced an uphill battle, as the group – once a firm member of the UK’s ‘big four’ – is outpaced by its rivals.  Batiéh, whose [...]

    Green Instacart shopping cart outside a modern Morrisons supermarket entrance with large glass windows
  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

    August 14, 2026

    Welcome back to the City AM liveblog. Oil prices are holding up at $87 per barrel this morning as investors remain locked in wait-and-see mode while monitoring new updates coming out of US-Iran negotiations and efforts to reopen the Strait of Hormuz. The Iranian regime handed a major blow to peace optimism after suggestining it could [...]

  • Could a ‘land blocking’ rule change spell danger for Aldi and Lidl?

    August 13, 2026

    German discounters Aldi and Lidl have rapidly taken control of the UK’s budget grocery market in recent years. But could new curbs on ‘land blocking’ slow their insurgency? Only a few decades ago, Lidl and Aldi were oddities. By 2008, the German discount supermarkets had been in the UK for more than 10 years but [...]

  • Can a team of retail veterans solve Argos’ catalogue of woes?

    July 31, 2026

    The death of the Argos catalogue in 2021 after nearly half a century prompted a period of mourning for many in Britain – including the retailer’s new owner. “I used to sit around the kitchen table putting green shield stamps into books,” Richard Pennycook said on Friday, referring to the original iteration of the catalogue. [...]

  • Sainsbury’s to sell Argos in £120m cut-price deal

    July 31, 2026

    Sainsbury’s has said it will sell long-struggling catalogue retailer Argos for £120m, a fraction of the £1.4bn it bought it for a decade ago. The supermarket giant has struck a deal with Swift Partners – a new company led by On the Beach chairman Richard Pennycook and former Morrisons boss Trevor Strain. Their takeover will [...]

  • DNA Payments Launches DNA Engage, a New Way for Businesses to Connect With Customers

    July 30, 2026

    DNA Payments has launched DNA Engage, an innovative platform powered by Taployo that helps merchants turn every payment into an opportunity to build customer relationships, drive loyalty, and gain actionable business insights. DNA Engage enables businesses of any size to turn their receipts into branded post-purchase experiences through personalised receipts, targeted promotions, Google Reviews, surveys, [...]

  • Oil prices return to crisis levels

    July 22, 2026

    Oil prices have returned to levels not seen since the beginning of June, after both the US and Iran warned that hopes of a return to peace negotiations were premature. The spot price of Brent crude broke $95 a barrel on Wednesday morning for the first time since the warring parties agreed a 60-day ceasefire [...]

  • ‘Ugly moment’ for software stocks as IBM suffers biggest one-day slump in decades

    July 14, 2026

    IBM shares are poised to suffer one of their worst-ever trading days after the tech giant warned customers were diverting spending away from software and into AI infrastructure. The warning wiped more than $50bn (£37bn) from IBM’s market value, sending the stock down more than 20 per cent and putting it on course for its [...]

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