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  • Drivers filling up at any of Asda’s 277 filling stations across the country will only pay 99.7ppl on unleaded and diesel across the Easter Bank Holiday Weekend.
  • Prices are effective from Thursday 24th March to Tuesday 29th March, 2016.
  • Easter weekend is expected to see an unprecedented number of cars to be using major roads for leisure trips.

Asda today (Thursday 24th March) announced that it will give its customers a bank holiday boost by investing in an exclusive five-day price drop, keeping fuel prices below the £1 mark to 99.7 pence per litre at all 277 filling stations.

Asda’s investment will be an additional boost for customers over the Easter holidays, meaning there will be more money left over to spend on Chocolate and Family Fun. Effective from Thursday 24th March until Tuesday 29th March, motorists will benefit from cheaper fuel prices throughout the weekend with prices still at a six year low.

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Posted in Press Centre on 24 March 2016
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  • The average UK household had a weekly disposable income of £197 in January, up £12 on January 2015
  • Annual growth in spending power fell for the fourth consecutive month – due to a slow down in wage growth and a continued increase in inflation
  • Still, as household incomes continue to increase faster than the cost of essential items, outlook for UK family spending power remains positive

Families across the UK enjoyed another double-digit increase in spending power in the first month of the year, according to Asda’s latest Income Tracker. As employment across the UK continued to rise, the average UK household discretionary income reached £197 a week in January 2016, up £12 (6.7% year-on-year) compared to the same time last year.

However, the latest findings also revealed that, while bank accounts continue to receive a boost, January marked the fourth consecutive month where the year-on-year rate of spending power growth has fallen, thanks to a slowdown in wage growth and a steady increase in inflation. While the economic outlook remains relatively positive, Asda’s latest Income Tracker suggests that a slowing rate of recovery is having a knock on effect on British purse strings, with disposable income set to continue to grow at a slower rate than those seen through much of 2015.

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Posted in Press Centre on 01 March 2016
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UK Community Foundations today welcomed Walmart Foundation’s grant of £175,000 towards its UK Winter Flood Recovery Appeal. Walmart Foundation is the charitable arm of Wal-Mart Stores, Inc., parent company of Asda. The Asda and the Walmart Foundations have put forward more than £675,000 to help flood recovery efforts.

Chief Executive, Fabian French said: “We are delighted to have received such a generous grant from the Walmart Foundation as part of their mission to give people access to a better life in areas that they serve. The donation will go to locally managed programmes that will make a positive impact on their communities.”

The money will be distributed to the eight UK community foundations in the areas currently devastated by flood and storm damage to meet the urgent need of supporting the clean-up operations, emergency repairs, clothing, food, water, heating and child care.

Alex Simpson, Chair of the Asda Foundation said: “These floods have been an extremely challenging time for families and communities across the UK, so we welcome the additional £175,000 from the Walmart Foundation to support the UK Winter Flood Recover Appeal. On top of this the Asda Foundation is still supporting and working with local communities affected with its £500,000 local disaster fund.

The community foundations will ensure that the money is distributed to where it can be used most effectively with priority given to supporting the most vulnerable including the elderly, people on low incomes, families with young children and those with additional support needs.

Since the launch on 5 January 2016 the UK Community Foundations UK Winter Flood Recovery Appeal has raised over £400,000 to help flood victims.

Posted in Press Centre on 28 January 2016
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  • The average UK household had a weekly disposable income of £194 in December, up £13 on December 2014
  • Annual growth in spending power slowed to its lowest rate for 14 months – due to a slow down in wage growth and a slight increase in inflation
  • Some regions told a different story – London’s spending power remained highest. The East of England experienced the biggest growth and closed its gap on London, while households in the North East saw the smallest rise

Asda’s latest Income Tracker has revealed that UK families welcomed another double-digit increase in spending power last month. As employment levels continued to rise (1.9% year-on-year), disposable income reached £194 a week, up £13 compared to the same time last year.

However, in spite of the welcome boost to wallets, this 7.2% year-on-year growth in spending power marked the lowest percentage increase since October 2014. This was due to the recent slowdown in wage growth and a slight increase in inflation.

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Posted in Press Centre on 28 January 2016
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  • Drivers filling up at any of Asda’s 279 filling stations across the country will only pay 97.7ppl for diesel from Friday 22nd January
  • 2ppl price cut on diesel takes to its lowest price in over six years
  • Unleaded remains at 99.7ppl across the UK

Effective from Friday 22nd January, Asda announces it’s cutting 2ppl off the price of diesel – reducing diesel to its lowest price for six years.

Asda’s national price cap will see diesel at 97.7ppl whilst unleaded remains at 99.7ppl, across every single one of its filling stations.

Asda is the only retailer that has a national price cap on fuel at all 279 filling stations, ensuring every single customer knows the maximum price they will pay at the pump regardless of where they live.

Andy Peake, Asda’s Senior Petrol Director, said: “We’re delighted to be the first retailer to take diesel to its lowest price level in over six years. This latest announcement shows that we’re committed to being the driving force behind lowering fuel prices across the UK regardless of where you live.”

Asda was the first to cut unleaded below £1 at the end of November and Diesel below the £1 in January, received strong feedback from customers who said they benefitted from the price cut and would welcome further investment.

Posted in Press Centre on 22 January 2016