Asda chief financial officer Michael Gleeson has dismissed reports that its owners are looking to sell the supermarket giant.

Asda has suffered a slump in grocery sales, making it the only one of the traditional “Big Four” supermarkets in Britain to lose market share over the last three months. Shoppers spent £4.5bn at Asda ...

Asda’s free cash flow increased by 31%, enabling the repayment of a £200 million loan facility and reducing leverage. Adjusted earnings rose by 24%, reaching £1.078 billion. Amid leadership and ...

Adidas has said it expects to pull in profits of £598m in 2024, after dropping its deal with rapper Kanye West.

A growing number of health-conscious consumers rejecting beer, wine and spirits represents “a big opportunity”, said the chief executive of Japan’s biggest brewer Asahi, who forecast zero- and ...

Owner of 4,400 UK pubs including Slug & Lettuce chain says no guarantee it can continue as going concern ...

Asda’s finance chief has apologised for a botched IT upgrade ... Among individual companies, Tesla fell as much as 3.2pc following another round of price cuts in the latest sign of intensifying ...

Julien’s Auctions is helping to keep the memory of Lady Di alive. The L.A. auction house is holding an epic sale in honor of Diana, Princess of Wales this summer that will help to raise funds for ...

The RAC and the AA have said drivers should brace for "tough" times ahead as prices at the pump rise. Read this and all the latest consumer and personal finance news in the Money blog. Listen to the ...

The FTSE 100 index is set to fall about 0.9% as traders react to developments in the Middle East and a weak finish for US stocks last night. Brent Crude rose by about $4 at one point to a peak of ...

Iceland has dropped its famous "That's why mums go to Iceland" tagline as part of a drive to be more inclusive. Read this plus all the latest consumer and personal finance news, and leave a comment on ...

GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses. Staff were informed of the cuts at a company-wide meeting on Friday afternoon following previous warnings that a ...