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The Latest Breaking News from Ken Murphy

Twitter’s board deserves credit for Elon Musk’s U-turn

By sticking to its guns the firm has defended the excellent principle that bidders should do what they’ve agreed to do

The Guardian - UK

White House ‘disappointed’ as Opec+ cuts production by 2m barrels per day – business live

Oil cartel and allies including Russia make biggest cut in output since the start of the pandemic, despite pressure from the White House

The Guardian - UK

Tesco aims to halve food waste by 2025

Supermarket executive pay will be aligned to ‘key sustainability measures’

Evening Standard

From analysis to the latest developments in health,
read the most diverse news in one place.

Outgoing boss of discount retailer B&M handed £5m payout

Simon Arora’s pay package beats Tesco CEO’s remuneration despite flatlining profits and falling sales

The Guardian - UK

Worst is yet to come for food price rises, warns ex-Sainsbury’s boss

The former CEO of Sainsbury’s has said “the worst is yet to come” for food prices amid fears that “double digit” inflation could last longer than a year.

Evening Standard

Now supermarket boss must prove he’s worth £4.7m

Boardroom pay questionable at a time when customers and staff are feeling the pinch

Evening Standard

Shoppers face “unprecedented” cost of living pressures, warns Tesco

Tesco said customers are facing “unprecedented” inflation pressures and are trading down to cheaper items as it pledged to do everything it could to support those struggling most.

Evening Standard

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Tesco says customers are reducing their spending in cost of living crisis

"We are seeing some early indications of changing customer behaviour"

Wales Online

Global stock markets head for steepest weekly fall since 2020 as recession fears rise – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

Tesco shopper gains over 100k signatures on petition against 'nightmare' self service change

A 69-year-old woman has started a petition asking for Tesco to bring back staff rather than use self-service checkouts to make for a better shopping experience - especially for those who are disabled or who have mobility problems.

Glasgow Live

Tesco responds as petition to bring back till staff passes 110,000 signatures

Pat McCarthy began the petition after finding self-service tills to be inaccessible

The Independent UK

Tesco facing furious shopper boycott as 'nightmare' checkouts are installed in supermarkets

More than 100,000 people have signed a petition to stop the rollout

Manchester Evening News

Tesco criticised as chief pockets £4.75m amid soaring prices

Ken Murphy is awarded highest annual bonus by supermarket since 2016 as profits more than double thanks to easing of lockdown

The Guardian - UK

Tesco Clubcard price differences, new rules and why supermarket has been criticised

The news comes as the cost of living crisis continues to cripple UK households.

Daily Record

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Manchester Evening News

Tesco in hot water over 'dreadful' price difference if you have a Clubcard

A shopper's tweet went viral after she pointed out the price difference between the cost of something with a Clubcard, and its price without

Daily Mirror

Tesco shoppers slam 'crazy' Clubcard prices that leave some shoppers paying double

The supermarket giant, which offers cardholders reductions on dozens of items, has come under fire for charging some people double if they are not on the scheme

Bristol Post

Tesco's huge Clubcard 'shake-up' branded 'crazy' by shoppers

Another shopper said they now planned to boycott the store

Liverpool Echo

Tesco confirms major change to Clubcard points and vouchers system

The supermarket's popular Clubcard system is undergoing a shake-up which will come into effect next month

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Manchester Evening News

Tesco makes announcement that will affect anyone with a Clubcard

The supermarket giant is making a huge change for Clubcard holders

Wales Online

Tesco scraps paper Clubcard statements and vouchers for many shoppers

Supermarket giant's loyalty scheme shake-up will be introduced in May

Chronicle Live

Tesco unveils shake-up to its Clubcard loyalty scheme from next month

Customers have until May 5 to opt in to receive paper vouchers as grocery giant moves to transfer customers to online barcodes

Daily Mirror

Tesco unveils huge Clubcard shake-up affecting anyone with points or vouchers

The supermarket giant, famed for its Clubcard promotions, will no longer send out paper statements or vouchers to selected customers under a shake-up to be unveiled in the coming months

Daily Mirror

Tesco to open 65 new Express stores across Britain this year

Up to 290,000 shop staff, along with call centre and warehouse workers, at Tesco will also get a 'thank you' bonus, the UK's largest supermarket chain said

The Independent UK

Tesco workers to share £50m bonus but supermarket giant warns inflation will hurt profits

‘Inflation is very real for everyone’ says supermarket chief executive

Manchester Evening News

Tesco boss issues fresh message to all shoppers as it competes with Aldi and Lidl amid 'tough backdrop'

The supermarket relies on its ability to offer prices that compete with budget retailers like Aldi and Lidl but it comes at a cost

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