Almost £4bn has been wiped off Britain’s biggest supermarkets amid fears over Asda’s plans to launch a grocery price war as ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. EG Group, the British petrol station company co-owned by the billionaire Issa brothers, has taken a $33mn ...
Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan ...
The billionaire Issa brothers have suffered a setback over their plans to build Britain's biggest Muslim cemetery after facing fierce opposition from locals. There have been more than 1,000 ...
Plans have been unveiled by the Issa brother's property arm for a new industrial estate – which would also include two drive-thru units – ...
In January, Asda relaunched its Rollback programme, with an average price reduction of 25 per cent across 4,000 products, ...
Plans have been unveiled by the Issa brothers' property arm for a new industrial estate – which would also include two drive-thru units – just off the M6. The development has been proposed ...
Several years after debt-fuelled takeovers the supermarket chains are grappling with high interest payments and shrinking ...
Like-for-like sales at the supermarket giant fell by 3.4 per cent year on year, while revenue dipped 0.8 per cent to £21.7bn.
Leighton also revealed that his turnaround plan included a major range reduction programme over the next 12 months, with around 6,000 SKUs set to be cut. The process will involve a ...