Tag: Asda

Income divide widens as global uncertainty clouds UK household finances

Stuart Mitchell

The latest Asda Income Tracker, produced by the Centre for Economics and Business Research (Cebr), shows that pressures on UK household finances are intensifying again, with global uncertainty expected to drive up costs in the months ahead. The data reveals that while some households saw modest gains in February, the lowest‑earning families continue to fall further behind – underlining the importance of the steps Asda is taking to help families manage rising living costs. While inflation held at 3.0% — its joint-lowest level since March 2025 — Cebr cautions that…

Read More

Asda recycles 20 million coffee pods in first year of Podback partnership

Stuart Mitchell

Asda and Podback have celebrated a major sustainability milestone after customers recycled more than 20 million coffee pods through Asda stores in the first year of their nationwide partnership. With over 250,000 Podback bags returned via toYou counters since January 2025, Asda now operates the largest in‑store coffee pod recycling network in the UK with over 600 stores – making it easier for Asda customers to make sustainable choices and help shoppers make recycling part of their weekly shop. Asda customers embrace convenient in‑store coffee pod recycling Asda’s in‑store return…

Read More

Asda continues strong ESG performance with latest rating

Stuart Mitchell

Asda has announced a continued strong performance in its ESG rating score, following an external assessment by financial services ratings’ agency Sustainable Fitch. For the third consecutive year in a row, Asda received an entity rating of 3 (1 = excellent, 5 = poor) and an entity score of 57, matching last year’s result. The score from Sustainable Fitch takes into account “Asda’s continued efforts to mitigate material environmental and social impacts from its wide range of consumer products”. An ESG rating is an external assessment of a company’s ESG performance…

Read More

More than half of UK households are worse off than a year ago

Stuart Mitchell

Latest figures from Asda’s Income Tracker reveal that nearly six in ten households now feel their weekly pay packet doesn’t stretch as far as it did a year ago. Growth in the Income Tracker slowed sharply in December, leaving the average UK household with £256 a week in discretionary income. The deceleration brings an abrupt halt to the progress made over the previous three months, with the lowest-income households hit the hardest. The lowest 20% of earners saw their spending power fall by 5.0% year on year leaving them with…

Read More

Asda’s winter fruit and veg pledge returns to fight food poverty

Stuart Mitchell

Asda is bringing back its “Winter Fruit and Veg pledge” and will once again donate the equivalent of one million meals at the start of this year, as part of its partnership with FareShare and the Coronation Food Project. Following the success of the initiative in 2025, Asda’s pledge will see over 420 tonnes of fresh fruit and vegetables donated to the UK’s leading food redistribution charity over the next 12 weeks. A variety of fruit & vegetables will be donated as part of the project*, grapes, citrus, apples, tomatoes,…

Read More