Aldi has reported a surge in sales and profits and as such have revealed plans to spend £800 million in an expansion programme across the UK.
Aldi are to open 23 stores be the end of 2024 and the discount supermarket will revamp some 100 shops.
Giles Hurley, chief executive of Aldi UK and Ireland, said: “For every £1 of profit generated last year, we’re investing £2 this year – opening more stores and building the supply infrastructure to bring high-quality, affordable groceries to millions more families the length and breadth of Britain.”
He added, “As we head towards the Christmas trading period, we’re all set to launch our biggest and best ever seasonal range, including hundreds of premium range products at unbeatable prices for our customers.”
The pub chain Young’s has said it is preparing to take an £11m annual hit from rises in employer taxes announced in the budget, and signalled that some of th
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK should strike a bargain with
The university currently employs more than 3,000 people.Prof Gillespie told staff: "We must take further action now to address our financial stability and long-
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