Ocado founder Steiner set to quit as boss after board coup July 6, 2026 Ocado chief executive Tim Steiner will quit the business he founded as part of a replacement plan masterminded by chairman Adam Warby. The FTSE 250 firm, which offers online shopping and warehouse automation services, said on Monday that Steiner will depart at the start of its 2028 financial year. Ocado’s share price fell nearly five [...]
The best wine to take to a picnic in the sun June 25, 2026 Picnic season is on a roll and no matter what picky bits you are currently into, there is a drop of the good stuff to make it taste even better. Scotch Eggs x English Sparkling Wine Fortnum & Mason first invented the modern “scotch egg” in 1738 as a convenient meal for coach travellers from [...]
Mark Kleinman: Share price slump moves Steiner closer to Ocado checkout June 25, 2026 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Share price slump moves Steiner closer to Ocado checkout Five words might have given it away: “Ocado confirms that the CEO and the board continually engage in long-term succession planning and regularly engage with potential candidates,” said the somewhat [...]
Ocado to replace founder Steiner as shares plunge June 22, 2026 The board of Ocado is on the hunt for a successor to its founder and chief executive, Tim Steiner, as the e-commerce group faces up to a rapidly falling share price. The FTSE 250 firm, which offers online shopping and warehouse automation services, confirmed on Monday that it is putting together a succession plan for [...]
The best bottles to buy this English Wine Week June 19, 2026 English Wine Week is almost upon us (20-28 June) and we have more to celebrate than ever before, with our producers seeing massive wins across global competitions. A magnum of Sugrue South Down’s ‘The Trouble with Dreams’ 2009 (Hedonism, £195) became the first English sparkling in large format to receive Best in Show at the [...]
Adidas, Burberry and so much Beckham: The six best 2026 World Cup ad campaigns June 13, 2026 An unnecessarily serious review of the best ads around the 2026 World Cup, including campaigns by Adidas, Nike and Burberry, as picked by amateur footballer and professional creative Harriet Russell-Vick. Football ads in 2026 finally remembered a crucial detail: football is supposed to be fun. After years of ultra-serious slow-motion shots of rain hitting crossbars [...]
Everyone’s drinking mid-strength wine. Here’s what to buy June 3, 2026 The best mid-strength wine to buy, according to our columnist Libby Brodie There is an awful lot of scaremongering amongst the drinks industry about people turning their backs on booze. It is true that there is a fervent wellness trend right now and some dogmatic corners of it do demonise drink, but how genuine is [...]
Ocado shares rocket after striking Asda home deliveries deal May 29, 2026 Supermarket giant Asda has struck a deal with Ocado for the grocery technology company to take over all home deliveries from next year, as it looks to completely overhaul its online shopping business. Ocado will “quickly replace and upgrade” Asda’s existing e-commerce structure, taking control of the supermarket’s delivery operations form stores and warehouses from [...]
As it happened: Stocks rise on Iran peace hopes; Asda and Ocado deal May 29, 2026 Good morning and welcome back to the City AM liveblog. After investors kicked into sell-off mode on Thursday amidst spiking tensions as the US and Iran exchanged strikes, attention is quickly turning back to hopes of a peace deal this morning. US and Iranian negotiators are reported to have reached an agreement on a 60-day [...]
Lidl leapfrogs Morrisons to become UK’s fifth-biggest supermarket May 27, 2026 Lidl has soared past struggling Morrisons to become the UK’s fifth-biggest supermarket, as its heavy discounting gave the grocer an edge in the fiercely competitive market. The German grocer snatched an 8.6 per cent market share, powered by an 8.8 per cent uplift in sales across the last 12 weeks, according to data by Worldpanel. [...]