Future Of British Business
Britons’ Disposable Income Falling by Most Since 2008, Asda Says
- Grocer investing £90 million to expand budget-friendly items
- New Asda owners under pressure to stay competitive on price
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UK households’ disposable income has fallen by the most since 2008, according to grocer Asda Group Ltd., underlining the extent of the country’s cost-of-living crisis as the government steps up efforts to tackle it.