Tesco brings in Gerry Murphy as its new chair
(Sharecast News) - Retail giant Tesco announced on Monday that Dr Gerry Murphy would join its board and assume the role of chair from 1 September.
Read moreTue, 20th Oct 2020 09:52
(Sharecast News) - Retail giant Tesco announced on Monday that Dr Gerry Murphy would join its board and assume the role of chair from 1 September.
Read more(Sharecast News) - Google's new quantum computer is capable of instantly making calculations that would take current supercomputers 47 years to complete. Such compouters, proponents argue, will be capable of battling climate change and creating breakthrough drugs. Their ability to break encryption systems now utilised on the other hand makes them a threat to national security. - The Sunday Telegraph
Read moreJuly 1 (Reuters) - Britain's largest supermarket operator Tesco has appointed Gerry Murphy, current chair at Burberry and Tate & Lyle, as its new chairperson, it said on Saturday.
Read moreLONDON, June 30 (Reuters) - Tesco, Britain's biggest supermarket, cut the price of more than 500 essential items on Friday, in the latest sign that a surge in grocery inflation will moderate this year.
Read more(Alliance News) - Stock prices in London were lower on Thursday morning after major central bank chiefs made it clear on Wednesday that global interest rates will keep rising.
Read moreOcado cuts prices of over 100 essential items
*Read moreUK food price inflation was 18.7% in May
*Read moreLONDON, June 27 (Reuters) - British supermarket bosses rejected allegations they were profiteering through a cost of living crisis on Tuesday, telling lawmakers they were not passing on cost rises in full to customers in order to remain competitive.
Read moreLONDON, June 27 (Reuters) - Britain's two biggest supermarkets Tesco and Sainsbury's are not in favour of price caps on essential items, executives said when asked about the issue at a parliamentary committee examining inflation and retail profits.
Read moreLONDON, June 27 (Reuters) - Britain's biggest supermarkets denied profiteering from food inflation or acting as a cartel when questioned about grocery prices by lawmakers on Tuesday.
Read moreOnline was 10.4% of total UK grocery market in June
*Read moreSainsbury's cuts price of chicken, pasta and rice
*Read more(Sharecast News) - Grocery price inflation has eased to its lowest monthly level this year, according to industry data released on Tuesday.
Read more(Alliance News) - UK grocery price inflation eased to its lowest level since last year, numbers on Tuesday showed, though it remained in robust shape, helping boost the market share of discounters.
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UK grocery inflation 16.5% in four weeks to June 11Read more