Supermarkets warn no-deal Brexit will cause soaring prices

Leading retailers have warned a no-deal Brexit will cause ‘significant disruption’ to food supplies across Britain. A letter to MPs, signed by bosses from Sainsbury’s, Asda, Marks & Spencer, Waitrose, Lidl, McDonald’s and KFC, warned about empty shelves and soaring prices if the UK crashes out of the EU. They warned that Britain relies on […]

The new chairman of Sainsbury’s is from Malta

A Maltese-born businessman has been named as the new boss of Sainsbury’s. Martin Scicluna will become the supermarket giant’s chairman in November. He said: ‘I’m delighted to join Sainsbury’s, a company I have long admired for its clear customer focus and its strong values. ‘Chief executive Mike Coupe and his management team have positioned the […]