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% ...

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 ...

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 ...

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It's the long bank holiday Easter weekend, with millions of Brits enjoying a well-deserved four-day break across the country. However, for those that need to stock up on food supplies for the coming ...

The boss of Asda has rejected claims retailers are using soaring oil costs to boost their own profits, after fuel prices inched up again on Friday. The average price for a litre of petrol rose above ...

Some petrol stations are suffering “temporary shortages”, the boss of Asda revealed - as he launched a scathing attack on the government. Allan Leighton, the supermarket giant’s executive chairman, ...

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