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LONDON, March 27 (Reuters) - British supermarket group Asda reported a 33% ‌slump in annual core profit on Friday, reflecting CEO Allan Leighton’s push to cut prices in an effort to win back shoppers.

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Asda is handing its 110,000 hourly staff a 4% above inflation pay rise. From 5 July, hourly pay will rise to £13.10 nationally, and £14.35 inside the M25, up from current rates of £12.60 and £13.82 ...

Asda chairman Allan Leighton has insisted the supermarket is “edging forward” and showing positive signs of momentum, despite annual results revealing further sales decline. Overall sales dropped 3.3% ...

Asda has recorded sales of £21 billion for 2025 (excluding fuel), down 3.3 per cent on 2024. The retailer has published its trading update today (March 27) for the year ending 31 December 2025 which ...

Asda has revealed a pay rise for its retail workforce, taking hourly rates to £13.10 from July. The supermarket’s increase, which will apply to around 110,000 hourly-paid colleagues across stores and ...