
Boss Allan Leighton slashed the cost of 1,500 items by as much as 45 per cent. He said he planned to 'continue to invest in lowering prices across the rest of the year and beyond'.
Limping on, in a low- or no-growth world of deteriorating public services, will not be an option.
The company said sales hit £4.5billion in the three months to the end of February.
Venturing into China will be hazardous since history is not necessarily a guide to how China will fare in this trade war.
Martin (pictured) said the company is facing a £60m-a-year hit from hikes to National Insurance and the minimum wage next month.
This compact family hatchback is the fourth generation Jazz since the original was launched in 1983, with the current model from 2020 enjoying a refresh in 2023.
Christopher Dehn, pictured, who handed over huge sum to Government months ago says he feels let down by the 'chaotic' system.
Buyers now have just ten days until 1 April, when the nil-rate threshold, under which no stamp duty is paid, drops from £250,000 to £125,000.
Utilico EM's Charles Jillings joins Simon Lambert to discuss everything from EVs in China, to rail lines in Brazil and Argentina's nascent economic recovery.
For a family with two children, the benefit is worth up to £2,212 per year, while if you have three children, it could be worth up to £3,094.
We explain changes to the state pension age, so you can find out when you will be allowed to retire
More than half of those switching have shifted their money to one-year fixed rate accounts, while 29 per cent have picked two-year fixed rate deals.
Inheritance tax receipts hit a new record for the fourth year in a row, with experts predicting the figures will only rise further in the coming years.
Choosing the right investing platform is crucial but a wealth of choice can leave investors scratching their heads. We pick some of the best.
The closure of Heathrow today has caused mayhem, with 1,350 flights to and from the airport being cancelled. Here I answer the key questions Mail readers have been asking me.
Asos shares were enjoying a second consecutive day of double-digit gains on Friday morning as the beleaguered fast fashion retailer lifted profit expectations.
There is something very unsettling about the figures suggesting the nation's grandmas are being forced to abandon their dreams of putting their feet up.
JD Wetherspoons profits fell in the first half as solid sales growth failed to offset the pub group's growing costs.
Hard-hit motorists are having to pay £617 on average on unexpected car repairs each year, new RAC research shows, with many struggling to afford this.
Investment funds are required to publish quarterly fund performance reports, which investors can use to assess the performance of their investments.
Taking on power of attorney for someone else is a very responsible role, and sadly things can go wrong if those chosen turn out to be untrustworthy.
I have got £4,000 of credit card debt. I checked my credit rating and it is decent but will my debt stop me getting a mortgage?
We look at how Jisas work, and how much you'd have to put away each month to meet specific goals.
The Bank pointed to the turmoil sparked by US trade tariffs as well as subdued activity in the UK where businesses have been hammered by tax hikes.
I have been paying premiums to Domestic & General Insurance for many years to cover seven appliances, adding up to nearly £105 a month.
Norges Bank Investment Management, the world's largest sovereign wealth fund, paid owner Shaftesbury Capital £570m for the 25% stake.
In a House of Lords debate on the Chancellor's business rates reforms, peers heard the demise of town centres posed a threat to 'social cohesion'.
In its second property raid in just two months, Norway's sovereign wealth fund is buying a quarter of the prestigious Covent Garden estate for £570m.
Britain biggest building society is lowering mortgage rates on a number of its products by up to 0.26 percentage points.
If you're not happy with the service you're receiving, it's a good idea to shop around particularly as broadband providers are offering some generous perks to switch.
The scheme can help pay for approved childcare for children aged 11 or under, including nursery, childminders and breakfast clubs.
The iconic brand returning to the high street would be the retail comeback of the century for millennials like me - but it's unlikely.
Car buyers no longer have brand loyalty, new research from Google has found. Three quarters of customers switched to a different manufacturer last year, it said.
Only 59% of young people have enough emergency savings to cover the recommended three months of their salary, data shows.
Energy suppliers ramped up efforts to move households onto smart meters but the number of installations fell in 2024, according to new figures.
Larger homes are driving house price growth across Britain, new data from Halifax has revealed.
I only bought the car a year ago, and in that time it has been away being repaired for more than three months. I don't think this is acceptable for such an expensive car.
The Bank of England opted to hold interest rates following its latest meeting at 4.5 per cent as it continues to tread carefully amid fears of resurgent inflation.
The Bank of England has held interest rates at 4.5% as it continues to tread carefully amid fears or resurgent inflation.
Millions of savers earn far less than they should by keeping cash in instant access accounts when they could be earning more than double elsewhere.
A new study of 10 popular car brands has found that three in five people see Tesla drivers as their second or least favourite. And now AI's mocked up the typical Tesla driver...
Lower-deposit mortgage options for landlords are on the rise, but they might find it is difficult to get approved for one.
We explain what you need to know about income tax, how fiscal drag is making us all pay more - and how top earners end up paying a huge chunk.
Stephen Yiu, fund manager at WS Blue Whale Growth Fund shares his thoughts on the US market, Nvidia, Bitcoin and much more.
We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.
I started a modest software company 27 years ago, and now earn up to £8million a year. Can I gift money to my children to avoid inheritance tax later on?
Dame Siobhain McDonagh was driving along a residential street when a man on a moped stopped right in front her, forcing her to slam on the brakes.
I've been sent two parking tickets for 98 Euros from Italy. I was on holiday there more than a year ago - and they've only just been issued. Do I have to pay?
For months after Daphne Wood had spray foam roof insulation installed, she was surprised to receive cold calls from firms offering to remove it.
Thames Water customers are having to endure court battles, protests at the company's HQ, and most troubling of all a big increase in their bills.
When retired restaurateur Adrian Cox was invited with his wife Christine to a family wedding in Italy next year, he decided to open a savings account.
Bank websites and apps seem to go down all the time at the moment, leaving their customers unable to access their own money.
The Government's official deadline for a special offer to buy missing years going as far back as 2006 is 5 April..
You can use your Isa to provide your family with a source of tax-free money. The trick is to choose investments that pay out a regular income.
Despite most people believing cloud storage is sufficient for keeping crucial files safe, experts say other security measures must be taken to guard against losing special photos and videos.
Age UK said the shift to 'digital first' has created significant barriers for older people who are not comfortable with using technology.
I inherited half of mothers property after her partner died in 2023. She died 24 years ago. Will I face a capital gains tax bill because of this?
Social media and email hacking reports jumped 57% last year, says Action Fraud. That is the tip of the iceberg.
The lowest fixed rate mortgage deals continue to hover close to the 4 per cent mark.
Britain's biggest building society, led by Debbie Crosbie (pictured), is making the £600m payout following its takeover of Virgin Money.
Rightmove has estimated that 74,000 moves, which includes 25,000 first-time buyers , will just miss the 31 March deadline and complete in April instead.
The Royal Mint has today launched a new series of commemorative coins celebrating the life and work of John Lennon.
Becoming a millionaire is something many of us dream about - but building such an impressive nest egg is not as out of reach as you think.
There are many ways in which we can cut our tax bills. And maybe we should just try to spend less.
I wrote a book about my teenage friends, John Lennon and The Quarrymen. It is on Amazon, but I've received nothing for over a year.
There is every possibility that Rachel Reeves will let the furore die down - and then announce an assault.
Rachel Reeves is under pressure to raise taxes and cut spending to plug a £10 billion gap in the public finances or risk breaking her own borrowing rules.
Trying to decide where to invest has become especially fraught over the past few weeks as markets face huge volatility and the outlook changes daily.
Burbank has this week launched a world-first online card payment technology known as 'Card Present over Internet' or CPoI.
We asked trusted experts to recommend the best funds that cover different investment sectors - and included This is Money's selection of active and passive options too.
If you are planning on investing, or just want to know more, we tell you
the 10 essential things to consider for a successful buy-to-let
investment
Motorists are often infuriated by incessant warning bongs from these system or feel too uncomfortable relinquishing control - and their safety - to tech in their cars.
Once royalty of the AIM market, with a valuation that once put it on the cusp of the FTSE 100, ASOS's fall from grace has been rapid-and well documented.
The exchange, famous for its central 'ring' where traders make deals, failed to ensure it could deal with 'severe market stress', the FCA said.
Anders Holch Povlsen upped his stake from 27% to 28%. Hitting 30% would trigger a takeover offer. Povlsen is Asos's biggest shareholder.
The Bank of England will later today reveal its latest decision on the direction of interest rates , with policymakers set to weigh lacklustre economic growth and fears or resurgent inflation .
Paul Stockton, who has been at the helm since 2019, will retire after 16 years with the wealth manager.
Bloomsbury Publishing shares rose sharply on Thursday after the group lifted profit expectations for the second time in five months.
From buying your pick and mix in Woolworths to renting a video at Blockbuster, many of us often look back with nostalgia at visiting the high street as it was.
The mining giant said its board 'unanimously recommends that shareholders vote against' the plan put forward by activist Palliser Capital.
Drinkers are being warned that the flurry of tax increases announced by the Chancellor (pictured) mean beer prices are going up.
America's central bank, led by Jerome Powell (pictured) expects the economy to expand by 1.7% this year, down from a previous forecast of 2.1%
Babcock, which maintains Britain's fleet of nuclear submarines, will be promoted from the FTSE 250 when trading begins on Monday.
With shares down 50% in three months, Ross Gerber said electric car maker's reputation has been 'destroyed' by its 'divisive' boss (pictured).
Two companies have already listed on the main London Stock Exchange in 2025 while five new entrants have joined AIM, the junior growth market.
Shares in the consumer health group - originally a joint venture between Pfizer and GSK - are up nearly a fifth since it joined the stock market in 2022.
Fresh Treasury data shows City forecasters now expect GDP growth of just 1% this year, less than they predicted in January and February.
Its electric cars have driven in from China - and now this company is being dubbed 'the Tesla killer'. Shares in BYD have accelerated to a record high and are up 44 per cent this year.
Topshop has revealed the truth behind its bombshell announcement that sent shoppers into a frenzy, fuelling hopes of a comeback by the firm.
Under the agreement, the satellite communications specialist will boost its supply of advanced E-band SSPA modules to support the ongoing deployment of SpaceX's Starlink constellation.
Rachel Reeves, having empowered the Office for Budget Responsibility in a bid to bolster Labour's credibility, is being hoist on her own petard
Topshop and Topman have sent shoppers into meltdown with a bombshell announcement five years after they vanished from the high street.
Speaking to This is Money, global chief exec Thierry Koskas (pictured inset) said: 'We want some of our iconic models to further lift the Citroen brand.'
Gold hit a record high of over $3,000 an ounce on fresh fears that President Trump's tariff war will hurt the US economy and weaken the greenback.
Mapp has overseen massive growth at the outsourcing specialist since joining in 2017, with annual turnover more than doubling following a series of takeovers.
The investment manager, which demerged from insurance giant Prudential six years ago, has unveiled a second interim dividend of 13.5 pence per share for 2024.
Serica Energy shares plunged on Wednesday as the North Sea oil and gas firm warned of further production delays related to the damage caused by Storm Éowyn in January.
Shepherd Neame saw total beer volumes fall by 11% year-on-year, newly published interim results show.
BYD, founded by Wang Chuanfu (pictured), soared to a record high after it claimed it can charge its vehicles as quickly as it takes to fill up with petrol.
The British car maker based in Crewe and employing more than 4,000 people announced an operating profit of €373million (£313.32m) - the fourth best in its 105-year history.
Sunil Bharti Mittal (pictured) became the biggest shareholder in BT last year after buying the stake held by embattled French tycoon Patrick Drahi.
Fawn James, 39, (pictured) will become the managing director of Soho Estates - the largest property owner in the area - next month.
Bosses from Tata Steel and British Steel, which employ thousands across the sector, said the government has been slow to act compared to the EU.
Bank of America's monthly survey of fund managers found the 'biggest drop in US equity allocation' since comparable records began in 1999.
A mainstream global car manufacturer has signed a year-long commercial agreement to evaluate the feasibility of using the Luvly O's flat-pack design to expand its own quadricycle business.
The number of companies holding buy-to-let property in the UK has passed 400,000, according to analysis of Companies House data by Hamptons.
Cleland (pictured in the Bank of England vaults) previously held the role between 2014 and 2018.
Bytes Technology shares soared on Tuesday as the computer software reseller beat annual profit expectations, buoyed by an incentive plan with key supplier Microsoft.
Are we in the new age of EVs? Mercedes new CLA coupe is priced the same as the hybrid and will give you 492 miles of range for around £40k. It'll go on sale later this year.
Investigations into unpaid CGT liabilities rose from 4,564 to 14,223 in the 2023-24 tax year, as HMRC cracked down on amateur traders and crypto investors.
The sell-off came after Asda's executive chairman Allan Leighton (pictured) said he will spend millions in a bid to turn the company around.
Remember how we were told after Labour's election victory that the grown-ups were back in charge? How Keir Starmer promised to 'fix the foundations'.
Financial markets, so the saying goes, are driven by fear and greed - fear when times are tough, greed when times are good. Today, fear is in the ascendant - and so is gold.
FCA's regulatory changes could do 'further damage to the attractiveness' of the investment trust market, a group of industry insiders have said.
The findings raise alarm bells for motorists considering a used luxury German car, which are among the most common brands to have a checkered history.
While Awful April is set to affect millions of households, small businesses are also preparing themselves for a much bigger tax bill.
The defence tech company said it has been hit by 'tough' trading and 'geopolitical uncertainty' as it forecast annual revenue growth would slow to 2%.
The OECD downgraded world GDP projections for this year and next, with Mexico and Canada, led by Mark Carney (pictured) hardest hit.
The FCA said Odey (pictured) showed a 'lack of integrity' in seeking to frustrate an investigation into his behaviour by executives at his company.
Astra will buy EsoBiotec for up to £770m comprised of an initial £327m payment and another £443m in the future if it hits agreed milestones.
The stock fell 4%, or 10p, to 240p after Exane BNP Paribas analyst Mia Strauss cut her rating to 'underperform' from 'neutral'.
Motorists have been warned that they face getting stung by huge penalties if they make this one crucial mistake when using a supermarket car park.
Kwik Fit's annual Pothole Impact Tracker report suggests repair bills jumped in 2024 with motorists faced with an estimated £1.7bn outlay.
Only three areas met the criteria for entry this time - compared to 11 last year - thanks to higher mortgage rates which have led to flagging house prices.
Few companies can claim to be world leaders in their niche, but hVIVO comfortably falls into that category.
Britain's biggest savings and retirement business saw adjusted operating profits rise by 31 per cent to £825million last year, compared to analyst forecasts of £734million.
Crispin Odey faces a seven-figure fine and a ban from the UK financial services industry after a damning regulatory probe into the millionaire hedge fund manager's conduct
One of the numerous complaints drivers have about electric vehicles is they're boring and all a bit samey. But nobody's told Renault...
I'm paralysed at the thought of asking for more money, despite knowing all my colleagues get more than me. How can I find the courage to speak up?
The investment manager, which manufactures and operates lithium battery storage plants, revealed it had agreed on a potential cash offer from Foresight Group.
In the 12 months to the end of December, the trust registered total investor returns of 15.9 per cent - well ahead of the 9.5 per cent returns from its benchmark, the FTSE All-Share Index.
There are many criticisms you can level at the investment industry, keepers of our pension funds and stocks and shares Individual Savings Accounts.
There were 1.1m residential property transactions, with an average sale price of £343,922.
US-owned Ford is axing thousands of jobs in Europe, including 2,100 in the UK, where it is led by UK boss Lisa Brankin (pictured).
I have £150,000 in savings in my name and I would like advice on how to use this money to give me an income for life to help with the running costs of my home.
The European Parliament also endorsed a white paper which urged members to back such an institution.
The President has put the Fed under intense pressure to cut rates - but Powell is expected to resist despite fears of a recession looming over the world's largest economy.
Donald Trump's behaviour, in particular over Ukraine and Vladimir Putin, has made the world think the US has, in Boris Johnson's phrase, undergone a 'moral lobotomy'.
Suzanne came to me for financial therapy because, despite having what most people would consider a successful life, she would stay up at night worrying, 'What if it all disappears?'
Donald Trump loves shock and awe. When he proposed emptying Gaza of its population to create a new Riviera on the Med the world was aghast.
While ultra-organised drivers research quotes in advance, some don't bother at all and auto renew. But there is a sweet-spot in between when prices are lowest.
The Vehicle Restraint Manufacturers Association says the metal fences that line roads and bridges are designed to 1998 standards, and capable of stopping only traditional petrol or diesel cars.
Fuel prices have not been so low since before the Russian invasion of Ukraine, which sparked a huge rise due to concerns about disruption to supplies as well as sanctions on Russia.
After VW's said it's reintroducing physical controls in forthcoming cars, we look at the other brands who are returning to analogue controls having listened to customer feedback.
My husband says I should just keep quiet and stay off politics at work. But my colleagues don't. So why should I?
Now 66, Sir Ben was knighted in 2023 for services to literature. He lives in west London with his partner and their eight-year-old daughter Mirabella.
Plans are advancing between ITV and All3Media. A deal is still far from certain, but if it did come off it would be a major boost for the UK stock market.
While couples can pool savings and share expenses, single people must stump up for utility bills, holidays and groceries alone.
The cash - up to £3.75 million - was part of a complex plan to repay investors who bought a £50 million bond issued by Eros in 2014.
James Daunt said the London stock exchange is an attractive market for retail businesses, raising hopes the company will stage a float in the City.
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