Asda, Primark, Bitcoin: Everything that matters this morning
Asda puts 800 jobs at risk as it chases Aldi and Lidl
More than 800 senior Asda shopfloor workers are facing a pay cut or redundancy in the New Year as the supermarket looks to keep pace with Aldi and Lidl.
In a document seen by the Guardian, Asda told workers it needed to cut costs so it could “close the price gap” with rivals Aldi and Lidl, stating that being the “cheapest of the big four” was no longer a “viable business model.”
The document also revealed t
Read more »