Tesco profit surges but bosses warn of sky-high inflation side effects April 13, 2022 Tesco has rebounded from the pandemic with a 65 per cent boost in operating profit, climbing to £2.56bn for the full-year.
35 per cent of Brits admit bulk buying amid war and inflation shortage fears, report claims April 12, 2022 Warnings have been made against claims of stockpiling food after a report claimed 35 per cent have bulk bought items recently. Consumers are reportedly purchasing items in scenes reminiscent of the start of the pandemic, amid concerns about falling production for items such as wheat and oil, impacted by the war in Ukraine. Items such [...]
£200m boost for all Tesco shop staff and warehouse workers as pay jumps to £10.10 per hour April 7, 2022 Supermarket giant Tesco has announced it will hike hourly wages by 5.8 per cent from £9.55 to £10.10, as Brits face a cost of living crunch. New hourly rates for store and warehouse staff will be effective from 24 July, the grocer revealed on Thursday afternoon. The supermarket also confirmed workers in London would be [...]
Tesco to stock £2 lateral flow tests from Friday March 31, 2022 Tesco is going to stock £2 lateral flow tests in store and online as of tomorrow. The supermarket giant signed a deal with healthcare firm Everything Genetic, as the government ends access to free lateral flows. The £2 kits, which are “less than a price of a takeaway coffee” will be available in more than [...]
UK broadband and pay TV complaints at an ‘all-time low’ says Ofcom February 8, 2022 Ofcom has revealed that the number of complaints received between July and September last year across broadband, landline and pay TV companies were at an all-time low. From its latest league table, TalkTalk and Shell Energy had the most broadband complaints, primarily due to faults and service issues. With the industry average being 10 complaints per every 100,000 [...]
Tesco chief: ‘The worst is yet to come’ as energy crisis set to push food prices higher February 7, 2022 Tesco chairman John Allan issued a stark warning on rising food prices yesterday, cautioning “the worst is yet to come” in the coming months. While the supermarket boss said it was troubling people were facing heating or eating, Allan said Tesco had also been hit with soaring energy costs. The average amount of household income [...]
Tesco to axe 1,600 jobs in fresh restructuring plans as union enters consultation talks February 1, 2022 Around 1,600 roles could be axed by Tesco as the supermarket has announced further cuts. The supermarket is planning to restructure its night stock replenishing operations, as well as the closure of some in-store counter services and the Jack’s store format. Tesco said it was moving overnight re-stocking to the daytime in 36 large stores [...]
Tesco axes fresh meat, fish and deli counters in 317 stores January 31, 2022 The supermarket giant said it will shut counters across 317 of its supermarkets where it has seen “lowest demand” amid changes in customer habits. It is understood the move will impact hundreds of workers, although the retailer did not disclose the total number of affected staff. It added that it will shut seven of its [...]
Amazon, NHS, Google, Tesco or Apple perhaps: These are the companies we want to work for the most January 22, 2022 As we all have differing dreams and ambitions, the organisation we want to work for can vary. S ome of us are motivated by working in sectors that offer the most financial gain, whereas others are interested in jobs that can make a real difference in the world. But is there a particular organisation that [...]
Shop staff fear abuse and Covid infection after government ‘flip-flopping’ on mask policy January 19, 2022 Retail workers have called on the government to reconsider its plans to scrap the requirement for shoppers to wear face masks. Prime Minister Boris Johnson announced the end of England’s plan B Covid restrictions yesterday. Mandatory mask rules will be scrapped next Wednesday. Retail trade union the Union of Shop, Distributive and Allied Workers (Usdaw) [...]