Tesco

Aldi UK Workers Get Second Pay Rise In Two Months

Aldi UK is to give its hourly-paid store workers a second pay rise in two months to match the increased level offered by rival Lidl GB.

British retailers reported a reasonable start to 2025 after a disappointing 2024 but remain concerned about rises in employment costs.

A set-up in UK supermarket promotions meant grocery inflation edged lower in January following four straight months of rises.

Asda launched a major round of price cuts on Thursday, with a “significant investment” its new boss hopes will kick-start a recovery.

Tesco UK plans to cut about 400 jobs from its stores and head offices, seeking efficiency savings to invest in its business.

Morrisons’ underlying sales growth improved in its fourth quarter, on product availability, sharp prices, promotions and its loyalty scheme.

Prices in British shops fell less sharply in January than in December and food costs rose at the fastest monthly pace since April last year.

Tesco CEO Ken Murphy spoke about the role of tech in business at the Charted Accountants Ireland annual dinner in Dublin on Friday.

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