Tesco and other grocers 'unwilling' to cut petrol prices in line with wholesale costs
Drivers are currently paying an average of 183p per liter at pumps, which means some motorists may be paying more than £9 a tank
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LON:TSCO
Tesco - the leading supermarket in Britain With small grocery stores under the Tesco Metro brand name, big supermarkets outside cities (Tesco Extra) and 24-hour stores.
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Drivers are currently paying an average of 183p per liter at pumps, which means some motorists may be paying more than £9 a tank
The short answer is neither side. However, one of our two big grocers comes out of the price war far less scarred
The move comes close on the heels of a dispute with Kraft Heinz
The move comes after Tesco received the go-ahead earlier this year
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
When it is big companies getting the squeeze from Tesco, (nearly) everyone cheers. When it puts the boot into smaller suppliers, the reaction is very different.
All the largest UK supermarkets are aware customers’ loyalty is low, with shoppers prepared to hop around based on the best offers
Research from Kantar revealed grocery price inflation reached 8.3% over the past four weeks, up 1.3 percentage points on a month ago
"Keeping its ranges wide and its prices low has to be the strategy now"
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ASOS, Boohoo and Halfords all issued profit warnings on Thursday but analysts are not expecting any such bad news from the supermarket giant
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Britain's blue-chip benchmark finished down around 28 points on Friday, or 0.41%, at 7,016
Ascona Group operates 59 forecourt sites across the UK
The German discounter insisted UK's largest supermarket exploited the background of its trademarked logo – a blue square with a yellow circle inside it and a thin red border – for its own Clubcard discounts
The UK's largest grocer has been enjoying strong momentum, but like-for-like sales are expected to fall compared to last year
The watchdog said the UK supermarket could not back up statements about the green credentials of its non-meat burgers
Britons are set on ensuring the Queen's platinum celebration goes off with a bang, or failing that, a banger
Real wage growth measures the increase in wages when inflation is taken into consideration
"As prices rise, the temptation of governments to cut back on exports and supply their domestic markets first becomes irresistible," one analyst said
Murphy was been given a basic salary increase of 2.25%, plus a £3.2mln performance-based bonus
Prime Minister Boris Johnson said the government will be "saying more" on the matter in the coming days