Money digest: today’s need-to-know financial news | 27 April 2016
Asda shoppers need to be careful when picking up a so-called bargain from the supermarket giant’s shelves: the chain has been warned by the Competition and Markets Authority not to mislead customers with ‘confusing price promotions’ according to the BBC. From now on, multi-buy offers will represent better value than single-buy, and ‘was’ prices will have to be on the shelf longer than ‘now’ prices. Richard Lloyd, of Which? magazine, which investigated the supermarket, said ‘Asda has been found breaking the rules and now must immediately clean up their act.’ The Guardian reports that Britain’s growth will have slowed in the last quarter from 0.6 per cent to 0.4 per
