Ken Murphy, chief executive of Tesco plc, has publicly backed the hospitality sector in its ongoing dispute over Britain’s business rates framework. Speaking on 8 January 2026, Murphy articulated the
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The budget retail sector has undergone a significant transformation since Tesco introduced its Value range in 1993, a product line that initially carried considerable social stigma amongst consumers. Food writer
Tesco shares have defied the broader gloom surrounding the UK economy this year, notching up a gain of 21 percent and outpacing the FTSE 100 by five points. This comes
Tesco is reportedly in advanced talks to join a significant government-backed initiative aimed at curbing the rise in economic inactivity among Britons with health conditions and disabilities. The prospective partnership
Asda has reignited the fierce competition among UK grocers, triggering a significant drop in share prices for market leaders Tesco and Sainsbury’s. Fresh reports indicate that Asda is increasing pressure
Ken Murphy, chief executive of Tesco, has delivered a direct appeal to Chancellor Rachel Reeves, urging her to refrain from further tax increases as concerns mount over the impact of
Tesco’s ambitions to cement its role as a leader in autonomous retail technology have run into major disruption after its key warehouse automation partner went bust. Earlier this year, the
The boss of Tesco has issued a stark warning regarding an escalating price war among UK supermarkets, forcing the country’s largest grocer to implement significant cost-cutting measures and revise its
Amid mounting concerns over a potential intensification of the ongoing grocery price war, over £4 billion has been wiped off the value of Tesco, Sainsbury’s, and Marks & Spencer shares.
Britain’s largest supermarket chain faces mounting pressures from wage increases and rising costs, casting a shadow over its record-breaking Christmas trading period and highest market share since 2016. Tesco’s Chief
Asda, the UK-based supermarket chain, has experienced a notable decline in its grocery market share, according to recent data from Kantar. Over the 12 weeks leading up to August 4,
In a proactive move, Tesco, Britain’s largest supermarket chain, has agreed to introduce “digital passports” across its clothing range. This decision comes as the European Union prepares to enforce new
