Morrisons has become the first leading UK supermarket to announce a delay to its net zero target, marking a significant shift in the company’s commitment to environmental goals. The Bradford-based
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Leon, the fast food chain founded in 2004 as a healthier alternative to traditional fast food, is set to close 20 of its 70 UK restaurants and make job cuts
Rachel Reeves, the Chancellor, is under growing scrutiny as her recent reforms to the business rates system appear to benefit high end retailers Harrods and Selfridges while increasing costs for
Asda is facing fresh turbulence after a £1 billion IT upgrade led to significant operational disruption and a marked decline in sales, with the company bracing for a difficult festive
Asda has announced the sale of dozens of supermarkets as private equity owners accelerate efforts to address a £3.8 billion debt burden. The supermarket chain, predominantly owned by TDR Capital,
Marks & Spencer has named Sean Doyle, chief executive of British Airways, as a non-executive director. The appointment is set to take effect next month and follows recent criticism by
Leading UK supermarket chains have issued a stark warning to Chancellor Rachel Reeves that plans to raise taxes on their sector could result in even higher food prices for households
Industrial tensions have erupted at Frasers Group as the retailer’s chairman, Sir Jonathan Thompson, issued a stern warning to union bosses in the wake of an escalating dispute over warehouse
The owner of Selfridges has issued a stark warning about the impact of declining numbers of wealthy foreigners shopping in London. Cambridge Retail Group CRG, which controls the renowned British
Shoppers across the UK face an extra £1.6bn on their bills this year as supermarkets grapple with the introduction of a new net zero tax. Retail chiefs have warned that
Stefano Pessina, renowned for building the Walgreens Boots Alliance empire, has set the stage for Boots to become a standalone company after the sale of WBA to US private equity
Amazon has announced the closure of all 19 of its Amazon Fresh grocery stores across the United Kingdom, marking a significant retreat from its ambitions to rival the nation’s major
Morrisons has reported a slowdown in likeforlike sales growth for the latest quarter raising concerns that Lidl is set to overtake it as the United Kingdoms fifth largest supermarket. The
The head of Associated British Foods, the conglomerate behind Kingsmill and Primark, has urged Chancellor Rachel Reeves not to further damage consumer confidence in the forthcoming budget announcements. Speaking out
Businesses across the United Kingdom have been forced to shed jobs at the swiftest rate seen since 2021, as Rachel Reeves’s £25 billion payroll tax increase takes hold. According to
Britain’s leading retailers have cautioned that further tax rises in the upcoming autumn budget may force shops to increase prices, deepening the pressure on household finances and threatening more job
