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Middle class shoppers flock back to Ocado but Asda reels as sales slip

Industry research group Kantar said Ocado sales were 12.5% higher in the 12 weeks to April 14 than in the same period a year earlier.

United kingdomNick bubbKen murphyHannah gibsonMarks spencerHigh streetOcado retail

Tesco store starts security tagging shopping baskets to stop customers shoplifting

The major supermarket giant has started tagging baskets at its Theydon Bois store in Essex with Tesco staff blaming the move on rising thefts in the area

Theydon boisUnited kingdomCity ofJames beachKen murphyBritish retail consortium

BUSINESS LIVE: Thames Water plots £1 1bn extra green spend; Asda profits soar; Mobico suffers rail delays

Among the companies with reports and trading updates today are Thames Water, Asda, Mobico, Hornby, Tyman and Hipgnosis Songs Fund.

United kingdomCzech republicKen murphyMohsin issaIgnacio garatChris westonDaniel kretinskyRichard hunterTaylor wimpeyMarks spencerMorgan stanleyHipgnosis songs fundAssociated british foodsLloyds bankingInternational distribution serviceRoyal mail

Tesco chief executive Ken Murphy in line for record-breaking £10m pay day this year

In the largest amount ever awarded to a British supermarket boss, Murphy will take home a salary of £1.4m and performance-linked bonuses of £8.6m.

United kingdomAndrew spekeKen murphyHigh pay centreSunday times

The quiet man who s turning Tesco around — and his £10m thank you

Ever understated, Ken Murphy is cashing in on his success at expanding the supermarket’s share of the grocery market amid the cost of living crisis

United kingdomKen murphy

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