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.

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% ...

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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 ...

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 ...

One final book sale in Gosport and its time for local naval author and publisher to close his laptop for the final time..... Gosport Born and bred..Portsmouth Grammar School educated ex Royal Naval ...

A car park that was sold for an undisclosed sum by Gosport Borough Council will be used to fund a regeneration project, the local authority has said. Councillors agreed to sell the space at Fort Road ...

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Comments from boss Allan Leighton come as squeeze on supplies drives average UK petrol price above 150p a litre Business live – latest updates The boss of Asda has warned of “temporary shortages’” at ...

The boss of Asda has said the supermarket giant still has “plenty to do” in its turnaround after revealing a slump in sales and earnings over the past year. The UK’s third largest supermarket chain ...

High-skilled jobs maintaining Royal Navy vessels will be coming to Gosport after three vital deals were agreed. Did you know with a Digital Subscription to The News, you can get unlimited access to ...