Join Ian King for an hour of business and economic news from the heart of The City as Asda chairman Stuart Rose says “Asda’s acquisition of EG UK and Ireland will create a consumer champion like the UK has never seen”, ahead of Asda Group acquiring petrol station operator EG Group’s UK and Ireland business, creating a company with combined revenues of nearly £30bn.
Read more of the Sky News exclusive here 👉
Also in the headlines:
🔵 Food inflation slows in May – but still rises 15.4% year-on-year
🔵 Only a third of hospitality firms optimistic about their future – as average energy prices rise by 81%
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#SkyNews #IanKingLive #Inflation #Economy #Asda #Petrol
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Write an article about Ian King Live: Asda owners to buy EG Group’s UK and Ireland petrol stations for £2.27bn in English
Simple – cost of war crisis, not living. Energy scarcity = fuel cost impact.
what a bunch of boring drivel , lol
Asda competative ???
lol they are price gouging like the rest of them .
This isn't a win, a slight decrease in the rate of inflation still means prices are going up.
Without wage increases it still means we're getting relatively poorer by the month, just at a slightly slower rate.
Complete failure of capitalism.
Communism is bad for us they say.
And? What about covid? Is he still on holiday? Queen carol Last on finały dying. Anglo-saxon patology falling down. Diana killers
The Asda shops in N.Ireland are a joke, they are run down and dowdy and the petrol station at Asda has been knocked down. They need to update their shops here
Steal
Ridiculous comparison between food and oil
Government inflation
Food inflation? There is no such thing. Inflation is when government prints money
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