Londoners’ petrol and energy costs up by record 20 per cent in last two weeks alone October 14, 2021 Analysis of Brits’ debit card data shows this morning that September 24 saw the highest amount spent on fuel in a single day since Lloyds Bank records began. The peak fell the day after BP and Tesco closed some filling stations due to problems with fuel delivery. Across the UK, people spent a fifth (20 [...]
Exclusive: Charging firm EO signs deal to power-up Tesco’s EV fleet October 10, 2021 Electric vehicle (EV) solutions provider EO Charging has secured a deal to power Tesco’s fleet of electric vans, EO told City A.M. EO Charging, founded in 2014 in Suffolk, will provide the supermarket giant with more than 200 AC fast chargers as well as 5 DC rapid ones across five depots – including Oxford, Glasgow, [...]
Kraft Heinz boss: Businesses should try to minimise food price increases for customers October 10, 2021 Businesses should try to minimise price increases for consumers, according to the boss of Kraft Heinz. Miguel Patricio – who oversees the ketchup and baked beans producer – told the BBC that the firm was hiking prices in several countries. He said consumers would be forced to get used to higher food prices. Inflation was [...]
PM appoints former Tesco boss Dave Lewis as supply chain adviser October 9, 2021 The government has appointed the former boss of Tesco, Sir Dave Lewis, to help fix supply chain issues which are leaving UK supermarket shelves bare. Lewis, who stepped down from the helm of the supermarket giant in September, will become the government’s supply chain adviser after it was revealed one in six adults have been [...]
PM appoints former Tesco boss Dave Lewis as supply chain adviser : CityAM October 9, 2021 The government has appointed the former boss of Tesco, Sir Dave Lewis, to help fix supply chain issues which are leaving UK supermarket shelves bare. Lewis, who stepped down from the helm of the supermarket giant in September, will become the government’s supply chain adviser after it was revealed one in six adults have been [...]
Facebook down again: How persistent is the problem and which sites crash the most? October 9, 2021 Facebook and Instagram were down again for millions of users across the UK last night. The platforms apologised on Twitter for the outage, doing so for the second time this week after another, prolonged down time on Monday. Websites go down all the time from more serious issues like cyber attacks to problems in-house, with [...]
Asda rolls out one-hour home delivery service across 96 stores October 8, 2021 Asda said this morning it is planning to extend its one-hour express delivery service to 96 stores following a successful trial over the summer. The service gives customers access to Asda’s full online range of more than 30,000 grocery products for delivery within the hour if they live within a three-mile radius of a store [...]
Tesco hands out £193m to investors to settle accounting scandal October 7, 2021 Tesco has handed out £193m to settle an accounting scandal from seven years ago, a larger figure than it received from the UK’s fraud watchdog. The country’s largest supermarket confirmed that it had settled claims from investors with two law firms that had brought legal proceedings against it last September. The investors include Allianz, Russell [...]
No comment from Tesco on takeover talk as it promises customers a good Christmas October 6, 2021 Tesco has denied its share buyback programme has anything to do with private equity takeover rumours. Following US private equity firm Clayton, Dubilier & Rice winning Morrisons at auction with a bid of £7bn, Tesco and Sainsbury’s have been singled out as next in line for a takeover. Tesco said it would purchase £500m of [...]
Shoppers are already panic buying frozen turkeys as Christmas shortage looms October 6, 2021 As a shortage of turkeys is looming this Christmas, shoppers are already buying frozen turkeys in a bid to avoid any potential disruption to their Christmas dinner, the boss of Tesco has said. The supermarket giant said it was confident of good product availability for Christmas but there could still be “bumps in the road” [...]