The Latest Breaking News from Stuart Rose

Shares in UK retailers fall as investors digest Rachel Reeves’s changes to NICs and tax thresholds

Asda’s chairman said he would try not to pass extra costs on to consumers, but ‘you can’t deny it will probably be inflationary to some degree’.

GMB accuses owner TDR Capital of mismanagement as sales at supermarket fall 6%

In January 2008, Jeremy Paxman wrote an angry letter to then Marks and Spencer boss Sir Stuart Rose about the state of his pants. They were letting him down. The Newsnight presenter said: “I’ve noticed that something very troubling has happened. There’s no other way to put this. The pants…

City Comment: City analysts missed the spark in the early Machin era

A neighbour in Blackburn – where the Asda owners live at mansions in a gated complex – told how they spotted Zuber Issa in a black Rolls Royce and Mohsin at the wheel of a top-of-the-range Land Rover

Both sides of the deal claim it is not driven by the need to offload a large debt pile

BusinessLive has taken a look at the deal in depth and what it could mean for each company and their customers

Mohsin and Zuber Issa started out with a single petrol station forecourt in Bury, Greater Manchester more than 20 years ago