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Asda’s latest Income Tracker reveals that Brits had an extra £18 a week to spend in May compared to a year ago, with the falling price of food, drink, gas and outdoor living brightening up British Summertime.

  • The average UK household had £188 a week of discretionary income in May 2015, up by £18 a week on the same month in the previous year
  • The price of games, toys and recreational activities were 3.4% lower than in May 2014
  • Gardens, plants and flowers were 2.1% cheaper

British Summertime is in full swing as Asda’s latest monthly Income Tracker revealed that Brits had an extra £18 a week in their pockets in May this year. Families across the UK now have £188 a week to spend on the things they want, rather than the items they need, which is over 10% higher than this time last year.

British families can fire up their barbeques without burning a hole in their wallets, as essential item inflation remained in negative territory (-0.1%), driven by falling food, drink and gas prices. The price of household gas saw a 4.4% fall, with food and non-alcoholic drinks also falling by 1.8% compared to the same time last year.

Find out more and read the full report.
Posted in Press Centre on 29 June 2015
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Asda’s latest Income Tracker has revealed that airfares were 5.3% lower in April than they were a year ago, helping Brits to pocket an extra £17 in time for their summer getaways.

  • The average UK household had £187 a week of discretionary income in April 2015, up by £17 a week on the same month a year before
  • Airfares were 5.3% lower in April than they were a year ago
  • The typical basket of food and non-alcoholic drink was 2.8% cheaper
  • Home electricity, gas and fuel also saw a 2.8% decrease in price
  • 386,000 more people employed than a year ago

British Summertime is off to a flying start as Asda’s latest monthly Income Tracker revealed that Brits had an extra £17 a week in their pockets in April this year. Families across the UK now have £187 a week to spend on the things they want, rather than the items they need, which is just over 10% higher than this time last year.

Find out more and read the full report.
Posted in Press Centre on 27 May 2015
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  • Implementation of a steam process, ‘SonoSteam’ proving to reduce Campylobacter by more than 80%
  • Asda is the first supermarket to implement an in line solution as it switches SonoSteam process to 30% of its whole birds
  • Significant investment made into end to end initiatives including farmer incentives, new processing trials and packaging solutions

Asda today announced its Campylobacter Combat Plan, which sets out its farm to store initiatives to help reduce levels of Campylobacter in its whole chickens. The retailer is working on a number of trials to tackle the issue and is optimistic the levels can be reduced with a steam process – SonoSteam – which is showing an 80% reduction in numbers on both the neck and breast skin.

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Posted in Press Centre on 21 May 2015
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  • 3.9% fall in like-for-like sales for the 15 weeks to 19th April as research shows 83% of customers are saving for a rainy day over spending disposable income.
  • CEO and President Andy Clarke remains committed to five year strategy and won’t knee-jerk at the expense of long term profitability.
  • He describes 2015 as ‘Most challenging year yet’ for UK supermarkets, but reinforces that Asda business remains balanced, healthy and sustainable.

Asda today unveiled its first quarter financial results 2015, posting a 3.9% fall in like-for-like sales for the 15 weeks to 19th April in a quarter that has seen unprecedented moves in the supermarket industry.

Speaking at an event in London this morning, Asda President and CEO of Asda, Andy Clarke reiterated his commitment to the company’s five year strategy to redefine value retailing in a challenging market.

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Posted in Press Centre on 19 May 2015
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Good Friday Feeling For Families Across the UK As Household Spending Power Sees Double-Digit Growth.

“No-flation" brought good news to families across the UK as Asda’s latest Income Tracker revealed that Brits were £16 better off in March than they were during the same time last year – an increase of 9.7%. Families now have £185 a week to spend on the things they want rather than the items they need.

The UK continued to enjoy “No-flation”– as inflation remained at 0.0, its lowest level in 55 years thanks in large part to the falling cost of clothes and shoes. The drop in the cost of these items, which fell by 0.2% over the 12 last months, will be welcome news for people looking to spring clean their wardrobes and refresh their closets in time for the summer sun.

Families are also beginning to benefit from falling gas prices, which also helped to drive inflation down to Zero last month, after falling 4.2% over the last 12 months. The fall means that households are finally reaping the rewards from promises made by gas companies at the beginning of the year to drop their prices.

Find out more and read the full report.
Posted in Press Centre on 24 April 2015