The group is the last of Britain's big four grocers to announce the move. Market leader Tesco was the first.
(Reporting by James Davey; editing by Elaine Hardcastle)
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
286.9 GBX | -1.00% | +2.31% | -0.90% |
Apr. 25 | Barclays: 1st quarter boosted by cost reductions | CF |
Apr. 25 | Sainsbury's profit falls but revenue up, maintains dividend | AN |
LONDON (Reuters) - Asda, the British supermarket arm of Walmart, said on Thursday it will pay business rates of 340 million pounds ($457 million) to the UK government and devolved administrations, waiving the COVID-19 tax relief it received.
The group is the last of Britain's big four grocers to announce the move. Market leader Tesco was the first.
(Reporting by James Davey; editing by Elaine Hardcastle)
1st Jan change | Capi. | |
---|---|---|
-0.86% | 25.23B | |
+14.58% | 485B | |
+22.31% | 40.35B | |
+5.39% | 38.37B | |
+18.83% | 34.12B | |
+7.44% | 28.44B | |
-15.08% | 25.47B | |
+4.35% | 18.12B | |
+11.75% | 17.95B | |
+3.12% | 14.01B |