Asda Income Tracker shows lowest earners are worse off
UK retailer Asda has found that while most households saw a year-on-year improvement in disposable income, under-30s and those on the lowest incomes are being left behind.
Asda calls on Government to rethink apprenticeships proposals
UK supermarket Asda has urged Government to reconsider plans to defund leadership and management apprenticeships.
Asda warns inflation is “stubbornly high”
Asda’s Income Tracker has found that 60% of UK households saw a drop in weekly disposable income in August, as rising costs for essentials like food and transport continue to outpace wage growth.
Asda Q2 results show best quarterly performance since Q1 2024
Total revenue is down by 0.2% year-on-year, but the supermarket reported that investment in lower prices has strengthened like-for-like sales during the quarter.
Asda warns that “high inflation will put pressure on purchasing power”
According to Asda’s latest income tracker, middle-income families have experienced the first decline in disposable income since September 2023.
