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Iceland

  • Miliband would be ‘disaster’ as Chancellor, says Labour cost of living chief 

    Politics

    Keir Starmer’s cost of living champion has warned that Ed Miliband would be a “disaster” as Andy Burnham’s Chancellor. Lord Richard Walker, who is also executive chairman of budget supermarket Iceland, told BBC Newsnight that the current energy secretary’s net-zero policies are putting an undue burden on household bills. He said: “Climate change is real, [...]

    Lord Walker delivering a speech at a business conference, wearing a formal suit and addressing an audience attentively.
  • Nearly half of retail workers considering quitting over mental health

    Retail

    Nearly half of the UK’s millions of retail workers are considering quitting the sector over concerns for their mental health, as the majority report facing abuse at work. Retail is the sector in which the most workers (52 per cent) have faced verbal abuse in the past year, as 44 per cent mull quitting the [...]

    Whitfield will replace outgoing chair Andy Higginson.
  • Tech firm behind in-store ads at Currys and Iceland goes bust

    Retail

    The firm that provides high street giants Currys and Iceland with in-store digital advertising has declared insolvency, City PM can reveal. Software company Stratacache announced its winding-up of its UK operations and appointed liquidators on Wednesday, according to insolvency filings. This comes only months after the US digital screen specialist partnered with budget supermarket giant [...]

    Currys storefront with prominent logo and modern exterior design, reflecting its role as a leading electronics retailer
  • Why the Norwegian Arctic is the best place to see the Northern Lights

    April 24, 2026

    This Arctic outpost at the north of the Scandi nation is perhaps Europe’s best-kept travel secret, says Luke Abrahams Nighttime in Jøkelfjord, Norway, 215 miles north of the Arctic Circle. I dread to think what temperature it is. I’m hiding from the bitter air in a hot tub, although the opulence is interrupted when the [...]

  • Lidl and Iceland censored under junk food ad rules

    April 15, 2026

    Lidl and Iceland have become the first supermarkets to have adverts blocked by regulators under the government’s crackdown on junk food.  The rules cover some sugary and fatty foods, including sweets, pizza and chocolate. The Advertising Standards Authority (ASA) has been policing the new ban since January, but today’s warnings are the first it has [...]

  • Iceland boss offers job to Waitrose worker who tackled shoplifter

    April 7, 2026

    The boss of Iceland has offered a job to a man who was sacked by Waitrose after he prevented a shoplifter from attempting to steal luxury Easter eggs.  Richard Walker, boss of the budget supermarket chain, posted on LinkedIn telling Walker Smith, the shop assistant sacked by Waitrose: “You’re welcome to a job with us. [...]

  • Supermarket bosses meet Rachel Reeves amid dire food inflation warning

    April 1, 2026

    The bosses of some of the UK’s biggest supermarkets met Chancellor Rachel Reeves in emergency cost of living talks on Wednesday, amid warnings that food inflation could rise to double digits this year. Leading supermarkets including Tesco, Sainsbury’s and Morrisons attended Downing Street after efforts to gather industry bosses last week were abandoned amid concerns [...]

  • Iceland versus Iceland: Trademark feud put on ice

    March 4, 2026

    The decades-long trademark dispute between UK retailer Iceland and its Nordic namesake looks to be thawing as the supermarket’s boss offered discounts for shoppers in Reykjavik.  Executive chair Richard Walker has signalled an end to the frosty dispute between Iceland and Iceland which was kicked off by his father, the retailer’s co-founder Malcom Walker. The [...]

  • Asda: Will 2026 be the year supermarket giant bounces back?

    December 26, 2025

    This time last year, analysts warned that Asda needed to “dig down into its soul” if it was to turn around its fortunes. After a rollercoaster 2024 in which it struggled with debt, strikes and falling sales, the Leeds-headquartered supermarket giant was hoping the new year would begin to reveal green shoots of recovery. Under [...]

  • Iceland in the red as Rachel Reeves’ tax raid forces prices higher

    August 8, 2025

    Iceland has warned it is being forced to increases prices because of Chancellor Rachel Reeves’ tax raids as the supermarket chain fell into the red. The Flintshire-headquartered said that while it is “doing our utmost” to offset increasing costs arising from last year’s Autumn Budget, it will “inevitably have to pass some of these on [...]

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