Tesco
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Jump in the Prices of Staple Foods in the UK by up to 80 percent
In the UK, the price of staples such as cheddar cheese, white bread and pork sausages has jumped by up to 80% in some shops over the past year, further evidence of how inflation hits the lowest incomes hardest.
Oatmeal topped the list for average price increases in the "Which?" consumer basket of staples, followed by skimmed milk and cheddar cheese.
Bulgarian Easter Breads are widely Sold in British Shops
Many British grocery stores are selling Bulgarian Easter Breads (kozunatsi), reported the travel site TravelNews. The online publication has found the traditional dessert at various outlets in Cambridge, Haverhill and London.
Investors continue to View the Central and Eastern Europe Investment Market as an Attractive Destination
Most Central and Eastern Europe (CEE) economies have seen faster recoveries post COVID than Western EU economies, with Poland, Hungary, Romania and the Baltics being especially strong performers.
Tesco supermarket warns on profit as inflation bites
Britain's biggest retailer Tesco yesterday warned that soaring inflation would bite into future profit, causing its share price to slide along with those of rival supermarkets.
Tesco said underlying profit was expected to drop in its current financial year after it jumped by more than one third in 2021/22.
Chaos in Britain; millions of people in isolation; stores empty, no one to work PHOTO
Retail chain owners are urging ministers to take urgent action.
Namely, 'Freedom Day' took place in England on Monday, i.e. the abolition of almost all restrictions related to the coronavirus pandemic, but at the same time the number of newly infected is growing and chaos is being created due to self-isolation application.
Lack of Bulgarian and Romanian Migrants Could Lead to Shortage of British Asparagus
For nearly 100 years, Chris Chin's family has cultivated asparagus in the West of England. This year, he fears that uncertainty about the UK's exit from the EU will scare Eastern European workers away, causing asparagus to remain unharvested, reports Reuters citing the Bulgarian newspaper Dnevnik.
Sainsbury's in $10 bln swoop on Asda to create top UK supermarket
Sainsbury's has agreed to buy Walmart's Asda for about 7.3 billion pounds ($10 billion) to create Britain's biggest supermarket group by market share, overtaking long-standing industry leader Tesco.
Sainsbury's, Walmart's Asda to create UK supermarket powerhouse
Sainsbury's and Walmart's Asda are in talks to create Britain's biggest supermarket group, a combination which would surpass Tesco's grocery market share and be worth up to 15 billion pounds ($20.7 billion).
UK Supermarket 'Sold Sausages and Ham Infected With Hepatitis'
Hepatitis E can cause liver cirrhosis in vulnerable people.
Pork products sold by a leading British supermarket may have infected thousands of people with a form of hepatitis that can cause liver cirrhosis, according to health officials.
Turkish retail giant applies for suspension of bankruptcy
Turkish retail chain Be?endik, which also owns Real hypermarket stores in the country, has applied for a suspension of bankruptcy, with a court deciding to appoint trustees as a measure.