EY quits as Asda’s auditor amid criticism of Issa brothers RETAIL Big Four accountant EY quit as Asda's auditor last summer in another blow to co-owners Moshin and Zuber Issa.
Billionaire Issa brothers split up as Asda takeover announced Retail Asda is to get a new majority owner after one of the billionaire Issa brothers agreed to sell his stake, it has been confirmed.
Asda entices new boss with £10m pay package Retail Mohsin Issa could reportedly reward the new boss of Asda a total pay package of up to £10m, as the billionaire businessman rushes to find someone to take charge of the supermarket.
Asda slashes debt as value range sales surge November 15, 2023 Asda has reduced its debt pile from £4.2bn to £3.9bn, according to its third quarter results, thanks to “strong cash generation” at the UK supermarket. The ‘Big Four’ grocer, said that during the term like-for-like sales, excluding fuel, increased by 2.8 per cent to £5.4bn compared to the same period last year. Food like-for-like sales [...]
Asda IT glitch leaves some employees missing two weeks of pay March 24, 2024 Close to 10,000 Asda employees have received incorrect payslips following an IT glitch.
Asda: Issa brother to step back and hire new chief executive March 1, 2024 Mohsin Issa, one half of the billionaire family duo which owns Asda, has confirmed he is stepping back from the day to day running of the business.
Asda tycoons’ private jets flew to the Caribbean 50 times, data reveals April 22, 2024 The private jets of Asda's billionaire owners, the Issa brothers, flew between London and the Caribbean more than 50 times over a two-and-a-half-year period, City A.M. can reveal.
Asda takeover: Meet the British supermarket giant’s new private equity owner June 10, 2024 Meet the new private equity owner of supermarket giant Asda after one half of the billionaire Issa brothers sold it his shares.
Asda bosses warned payroll switch could cause problems, report claims April 21, 2024 Asda’s bosses ploughed ahead with a transition onto a new payroll even though they were warned that doing so could risk thousands of workers being paid incorrectly, a report has claimed.
Supermarkets hope for Euro 2024 boost as Asda and Co-op lose ground June 18, 2024 Asda and the Co-op are the only major supermarket brands in the UK to have lost market share over recent weeks, according to new figures.