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The Latest Breaking News on Ken Murphy

Tesco announces important Clubcard changes to offer more Christmas savings

The supermarket giants CEO has recently called for cost of living help to be "more targeted" in order to benefit the most vulnerable members of society in the UK.

Edinburgh Live

Tesco announces Clubcard changes to offer more savings

Supermarket’s CEO recently called for cost of living help to be ‘more targeted’ to protect vulnerable

The Independent UK

Tesco announces Clubcard changes to offer more savings

Supermarket’s CEO recently called for cost of living help to be ‘more targeted’ to protect vulnerable

The Independent UK

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Tesco boss sends message to government over cost of living support

Ken Murphy has noticed a difference in shoppers at Tesco stores since energy bill support was handed out

Manchester Evening News

Tesco makes change to everyone's weekly shop amid cost of living crisis

Tesco's boss has made a promise to shoppers

Liverpool Echo

Tesco boss says people are watching every penny when they shop

The supermarket giant has given its workers another pay rise to help them cope with rising living costs

Wales Online

Twitter’s board deserves credit for Elon Musk’s U-turn

By sticking to its guns the firm has defended the excellent principle that bidders should do what they’ve agreed to do

The Guardian - UK

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Tesco sees full-year profit at lower end of guidance

Tesco said that it would maintain its profit guidance for the year but expects profit to be towards the lower end due to “ongoing challenges in the market.”

Irish Independent

White House ‘disappointed’ as Opec+ cuts production by 2m barrels per day – business live

Oil cartel and allies including Russia make biggest cut in output since the start of the pandemic, despite pressure from the White House

The Guardian - UK

Tesco aims to halve food waste by 2025

Supermarket executive pay will be aligned to ‘key sustainability measures’

Evening Standard

Tesco boss says consumers ‘terrified’ about volatile impact of inflation

Tesco, which made operating profits of £2.48bn (€2.88bn) in the UK and Ireland in its last financial year, says inflation is having effects that are “deeply unreliable, volatile and quite scary”.

Irish Independent

Outgoing boss of discount retailer B&M handed £5m payout

Simon Arora’s pay package beats Tesco CEO’s remuneration despite flatlining profits and falling sales

The Guardian - UK

Worst is yet to come for food price rises, warns ex-Sainsbury’s boss

The former CEO of Sainsbury’s has said “the worst is yet to come” for food prices amid fears that “double digit” inflation could last longer than a year.

Evening Standard

Now supermarket boss must prove he’s worth £4.7m

Boardroom pay questionable at a time when customers and staff are feeling the pinch

Evening Standard

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Evening Standard

Shoppers face “unprecedented” cost of living pressures, warns Tesco

Tesco said customers are facing “unprecedented” inflation pressures and are trading down to cheaper items as it pledged to do everything it could to support those struggling most.

Irish Independent

Tesco’s Irish sales fall 2.4pc but stay ahead of pre-pandemic levels

Tesco’s sales in Ireland dipped by 2.4pc in the first quarter of 2022 as the grocer noted early indications of changing customer behaviour due to rising inflation.

Wales Online

Tesco says customers are reducing their spending in cost of living crisis

"We are seeing some early indications of changing customer behaviour"

The Guardian - UK

Global stock markets head for steepest weekly fall since 2020 as recession fears rise – as it happened

Rolling coverage of the latest economic and financial news

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Glasgow Live

Tesco shopper gains over 100k signatures on petition against 'nightmare' self service change

A 69-year-old woman has started a petition asking for Tesco to bring back staff rather than use self-service checkouts to make for a better shopping experience - especially for those who are disabled or who have mobility problems.

The Independent UK

Tesco responds as petition to bring back till staff passes 110,000 signatures

Pat McCarthy began the petition after finding self-service tills to be inaccessible

Manchester Evening News

Tesco facing furious shopper boycott as 'nightmare' checkouts are installed in supermarkets

More than 100,000 people have signed a petition to stop the rollout

The Guardian - UK

Tesco criticised as chief pockets £4.75m amid soaring prices

Ken Murphy is awarded highest annual bonus by supermarket since 2016 as profits more than double thanks to easing of lockdown

Irish Independent

Tesco boss Ken Murphy’s pay rises to €5.5m

Cork-born Tesco chief executive Ken Murphy received a pay packet of £4.74m (€5.5m) in the year to February, the grocer revealed in its annual report published Friday.

Daily Record

Tesco Clubcard price differences, new rules and why supermarket has been criticised

The news comes as the cost of living crisis continues to cripple UK households.

Manchester Evening News

Tesco in hot water over 'dreadful' price difference if you have a Clubcard

A shopper's tweet went viral after she pointed out the price difference between the cost of something with a Clubcard, and its price without

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