Asda has warned major spending plans will eat into its profits, after pledging to cut the prices of thousands of products and revive its stores in a bid to win back shoppers from rivals. Returning ...

Asda has cut fuel prices by 4p per litre at all its forecourts, the retailer said, amid a drop in wholesale costs. The price reduction applies to petrol and diesel at all Asda and Asda Express branded ...