The UK's Supermarket giants have lost more than £3.5billion in market value after Asda revealed plans for a major price war.

Asda - which is rivalled by the likes of Tesco and Sainsbury's - claims to have ‘pretty significant war chest’ but analysts says it is unclear if it can commit to months of cuts.

The price cutting plans of Asda kept Tesco and Sainsbury’s under pressure today as the grocers spent another session near the ...

The rising Barclays share price reflects confidence in management’s strategy to improve business performance and enhance ...

Tesco PLC (LON:TSCO – Get Free Report) dropped 8.7% on Saturday . The company traded as low as GBX 337.87 ($4.37) and last traded at GBX 339.20 ($4.38). Approximately 32,628,854 shares changed hands ...

Sainsbury’s CEO Simon Roberts has acknowledged the intensifying competition in the supermarket sector following Asda’s ...

Heads Toward $1.30, US Worries Weigh on Dollar ...

Leighton said profits will be 'materially' lower this year as he prepares to plough millions of pounds into a turnaround plan ...

Asda plans to spend more on reducing prices and improving product ranges for customers, but says its profits will suffer.

Bakkavor said today (14 March) Greencore’s takeover bids undervalue its business. Earlier today, Ireland-based Greencore revealed it had tabled two offers for Bakkavor in the last fortnight. The most ...

Bakkavor Group Plc rejected a cash and stock bid from Irish convenience food manufacturer Greencore Group Plc valuing the ...