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It was good news for families in November as Asda’s latest Income Tracker revealed that they had £11 more per week to spend on festive treats for family and friends than they did the same time last year. In the final throes of Christmas shopping, Brits had £179 per week in their pockets, after taxes had been deducted and bills paid for, to spend on festive favourites.

Families’ coffers were mainly boosted by the falling cost of travel in November. The price of filling up the tank fell 6% on last year as the cost of petrol dropped to just 122.9p per litre and diesel to 127.4p per litre. Families jetting off abroad for some winter sun also enjoyed cheaper airfares as the cost of plane tickets fell 12% compared to last month.

Shoppers stocking up on festive food and drink during November paid less at the checkout than they did this time last year too as the cost of food fell 1.7% and alcohol dropped 1%. This gave Brits even more reason to be merry this Christmas.
With inflation at its lowest level in 12 years at just 1.0%, and wages growing at 1.6%, it was a win-win situation for Brits who are now earning more, but paying less for the essential items they need. With more than 588,000 now in work, compared to this time last year, even more families will be able to take advantage of these low prices and make their budgets stretch further this Christmas.

Commenting on the findings, President and CEO of Asda, Andy Clarke, said
“The cost of living remains a concern across households in the UK, however we’re now officially out of recession and people are seeing more money in their pockets now than they have since 2009.

Our customers are always telling us how important it is that they can treat their loved ones and themselves at this time of year – so it is great to see the pressure on family finances ease a little- the lowest fuel prices since 2010 alongside the falling cost of food are all going to help with supporting family budgets throughout the Christmas period.”

Sam Alderson, Economist, Cebr, said: “The falling cost of essential items such as fuel and food has brightened the economic environment facing UK households in recent months and freed up income for families to enjoy over the holiday season.
With average weekly earnings beginning to strengthen and inflation likely to fall further in coming months, households look set to enjoy further boosts to spending power in the New Year.”

See full report

Posted in Press Centre on 19 December 2014
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Asda cuts another 2ppl off unleaded and 1ppl off diesel

Asda’s drops its national price cap meaning drivers will pay no more than 110.7ppl (2p cut) on unleaded and diesel at 117.7ppl (1p cut) across its 245 filling stations.
Retailer cuts fuel eleven times since end of September, taking 16ppl off unleaded and 12ppl off diesel led by a further fall in oil prices.

With oil prices continuing to fall, Asda once again brings further festive cheer to drivers as it announces another price cut on fuel. Effective from Thursday 18th December, Asda’s new national price cap see’s unleaded down to 110.7ppl and 117.7ppl on diesel, lowest fuel prices since October 2010.

Asda has led the way with fuel price cuts as soon as oil prices have come down, and over the past four months the price of unleaded and diesel purchased from the supermarket has fallen by 16ppl and 12ppl respectively, putting much needed cash back in motorists’ pockets.

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Posted in Press Centre on 17 December 2014
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Retailer cuts another 2ppl off unleaded and 1ppl off diesel

  • Asda drops its national price cap meaning drivers will pay no more than 112.7ppl (2p cut) on unleaded and diesel at 118.7ppl (1p cut) across its 245 filling stations.
  • Retailer cuts fuel ten times since end of September, taking 14ppl off unleaded and 11ppl off diesel led by a further fall in oil prices.

With oil prices continuing to fall, Asda once again brings further festive cheer to drivers as it announces for the second time in a week, a further price cut on fuel. Effective from Saturday 13th December, Asda’s new national price cap sees unleaded down to 112.7ppl and 118.7ppl on diesel, lowest fuel prices since October 2010.

Asda has led the way with fuel price cuts as soon as oil prices have come down, and over the past three months the price of unleaded and diesel purchased from the supermarket has fallen by 14ppl and 11ppl respectively, putting much needed cash back in motorists’ pockets.

How Asda’s National Price cap has fallen in the past two months:

UnleadedDiesel
Sunday 28th Sept126.7ppl129.7ppl
Tuesday 30th Sept124.7ppl128.7ppl
Tuesday 14th Oct123.7ppl126.7ppl
Friday 17th Oct122.7ppl126.7ppl
Tuesday 28th October120.7ppl124.7ppl
Friday 7th November119.7ppl123.7ppl
Saturday 29th November117.7ppl121.7ppl
Saturday 6th December115.7ppl119.7ppl
Wednesday 10th December114.7ppl119.7ppl
Saturday 13th December112.7ppl118.7ppl
Total14 pence per litre11 pence per litre


Drivers filling up at any of Asda’s 245 forecourts nationwide will benefit from the retailer’s new national price cap on diesel and unleaded, meaning motorists will pay no more than 112.7 pence per litre on unleaded and 118.7 pence per litre for diesel.

Andy Peake, Asda’s Petrol Trading Director said, “Asda are again leading the way with our second price cut on fuel this week, we know how important it is to pass savings back into motorists’ pockets as soon as oil prices fall, which is why this is our tenth price cut since September.”

“Plus Asda don’t have a postcode lottery on fuel meaning no matter where customers live, they will benefit from the same fuel price with our national price cap of 112.7ppl for unleaded and 118.7ppl for diesel”.

Whilst other supermarkets will follow the fuel drop, Asda is the only retailer that has a national price cap on fuel, ensuring every single one of our customers knows the maximum price they will pay at the pump regardless of where they live.

Posted in Press Centre on 13 December 2014
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  • 26%** of food waste in the UK comes from food manufacturing
  • Asda to use its FareShare distribution network to divert up to 2600 tonnes of surplus which could become waste from manufacturers
  • If 40 suppliers signed up Fareshare believe it could create an extra six million meals per year
  • Pioneering scheme is an industry first and will make a big impact on food poverty in an announcement which Fareshare are calling a “game changer”
  • Asda is calling on all retailers to follow its lead to help continue fight food poverty across the UK and cut levels of food waste.

Asda today (Sunday 7th December) announced that it is extending its award-winning* food redistribution initiative to target food waste created by UK food manufacturers. The charity FareShare hopes that this commitment from Asda will result in the diversion of extra 2600 tonnes of surplus fresh food that would otherwise become waste from Asda supply chain, which Fareshare believe could create six million more meals for people who seek the support of charities across the UK

Recent WRAP figures** show that 46% of food waste is from people’s homes whilst 26% comes directly from the food manufacturers, processors and packers. Only 3% is created in the retail environment, however Asda recognises that it has a part to play in ensuring waste is reduced across the food supply chain.

Read more here
Posted in Press Centre on 08 December 2014
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  • Asda cuts up to 2ppl off unleaded petrol and up to 2ppl off diesel from Saturday 6th December, the second cut in a week
  • Asda’s new National Price Cap means drives will pay no more than 115.7ppl on unleaded and 119.7ppl on diesel across the country
  • Eighth cut since end of September has taken 11ppl off unleaded and 10ppl off diesel led by a further fall in oil prices

With oil prices continuing to fall, Asda is once again the first supermarket to pass this saving on to its shoppers from tomorrow morning (Saturday 6th December), announcing it will cut up to 2ppl off unleaded petrol and up to 2ppl off diesel.

This takes its National Price cap on unleaded to 115.7ppl and 119.7ppl on diesel.

This is great news for motorists who will see lower prices extended to Asda forecourts during the festive season.

Asda has led the way in fuel price cuts as soon as oil prices have come down, and since the end of September the price of unleaded and diesel purchased from the supermarket has fallen by 11ppl and 10ppl respectively, putting much needed cash back in motorists’ pockets to spend on those Christmas goodies instead.

Read more here
Posted in Press Centre on 05 December 2014